RESOLVING THE LEDGER
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WASHINGTON \u2014 President Donald Trump warned of economic consequences for any country that provided "any type of lifeline to Iran" as the United States looks to resolve a war it \u200bbegan alongside Israel nearly six months ago.Thousands have been killed in the war, which quickly drew in Gulf nations and shocked global markets as Iran flexed its ability to curb shipping through the Strait of Hormuz, which carried about a fifth of the world's traded oil before February.The U.S. and Iran have twice \u200cannounced ceasefire deals, in April and June, aiming to restore the free flow of shipping through Hormuz on a path toward ending the conflict, but both quickly crumbled, even as Israel has largely withdrawn from the fighting.Iran has faced years of sanctionsIn a social media message on Wednesday, Trump promised "Economic Warfare and Isolation on \u200ban unprecedented scale," although details were scant.Iran has weathered near-continuous, punishing economic sanctions for \u2060nearly 50 years, since the Islamic Revolution of 1979."ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself \u200cface TREMENDOUS Economic Consequences," Trump wrote.Iranian Foreign Minister \u200cAbbas Araqchi called Trump's comments an attempt to divert American public opinion from domestic financial problems, including record debt and rising interest rates.He said \u2060Washington's insistence on policies he described as failed would bring further failures and alienate Iranians."America's economic terrorism threatens the \u2060global economy and the national sovereignty of countries around the world," he said on X.Trump has yet to achieve the objectives he set out at the start of the war: dismantling Iran's nuclear program, curbing its ability to attack regional rivals and creating conditions for Iranians to overthrow their clerical rulers.China calls for diplomacyTrump's social media threats and announcements do not always get implemented as written. He did not say what specific steps the U.S. would take or name any country, though the warning would appear to extend to U.S. allies that have helped mediate peace talks.Iran has separately been negotiating an agreement on managing the Strait of Hormuz with Oman and \u200chas said several times in recent weeks that an agreement was close.Trump responded on Monday to those negotiations with a threat, \u200bwarning he might bomb the Gulf state, a long-st
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