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Trump Shifts to Economic Warfare as Iran War Reaches Costly Standoff

9 sources across 8 countries · 1 of them is linked to a state

Who reported this

  • Al-Monitor United States · Centre · Jamal Daniel
  • Bloomberg United States · Centre · Bloomberg L.P. (Michael Bloomberg)
  • CNN Brasil Brazil · Centre · Rubens Menin (MRV)
  • Frankfurter Allgemeine Germany · Centre-right · FAZIT-Stiftung (foundation)
  • Tempo English Indonesia · Centre-left · PT Tempo Inti Media
  • The Japan Times Japan · Centre · News2u Holdings
  • Dawn Pakistan · Centre-left · Pakistan Herald Publications (Haroon family)
  • Rappler Philippines · Centre-left · Rappler Inc, staff-held
  • Al Jazeera Qatar · Centre-left · State-affiliated · Qatari government funded

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.

Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.

The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.

President Donald Trump has announced a campaign of economic warfare against Iran after a 60 day deadline for peace negotiations expired without an agreement. The president has threatened the toughest sanctions in history and warned of tremendous economic consequences for any country that provides a lifeline to Tehran. This shift follows months of military attacks and a U.S. naval blockade of Iranian ports that have failed to force the concessions Washington seeks. In response, Iran has condemned the measures as a violation of international law and an assertion of extraterritorial sovereignty. Iranian military officials also announced a shift in military doctrine from a defensive to an offensive posture, including a plan to offer financial rewards for killing or capturing U.S. troops if they enter Iranian territory.

The conflict has severely disrupted global energy markets. Oil shipments through the Strait of Hormuz have virtually halted, with some reports indicating only four commodity ships passed through the strait on a single Thursday. While the U.S. military has helped move some oil, the volume is significantly lower than pre war levels. Gulf monarchies are investing billions in pipelines and storage to bypass the strait, though experts suggest the route cannot be fully replaced. Domestically, the war has contributed to rising gasoline prices and inflation, with some polls showing the president's approval rating falling to 33 percent.

Diplomatic efforts in other regions have also stalled. Jared Kushner recently left talks regarding a Gaza peace deal empty handed, and a planned visit to Kyiv to revive Ukraine negotiations has not occurred. Trump has also faced criticism for threatening to bomb Oman, a U.S. ally, over its negotiations with Iran to reopen the Strait of Hormuz, and for reducing military exercises with South Korea.

Perspectives on the situation vary by political lean. Center and center left sources frame the current state of affairs as a failure of Trump's foreign policy, describing his agenda as stuck and his strategy as lacking deliverables. Center right sources emphasize the strategic role of China as a partner to Iran and suggest that Trump is attempting to achieve through sanctions what he could not accomplish militarily.

How each side framed it

Centre-left
Highlighted the chaos of Trump's approach and the negative impact of his unpredictability on U.S. alliances.
Centre
Framed the situation as a failure of Trump's foreign policy agenda and a lack of strategic deliverables.
Centre-right
Focused on the strategic influence of China and the long term difficulty of bypassing the Strait of Hormuz.

Sources

100% of the statements in this article were traced back to the source articles listed above.