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Trump warns of economic consequences for any country that supports Iran
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Trump warns of economic consequences for any country that supports Iran

🇮🇱 IsraelAug 20, 2026 02:46SRC: AL MONITOR

INTELLIGENCE SUMMARY

By Kanishka Singh and Parisa Hafezi WASHINGTON/DUBAI, Aug 20 (Reuters) - U.S. President Donald Trump warned of economic consequences against any country that provided "any type of lifeline to Iran" as the U.S. looks to resolve a war it began alongside Israel nearly six months ago. Thousands of people have been killed in the war, which quickly drew in countries across the Gulf, and global markets have been shocked as Iran flexed its ability to control shipping through the Strait of Hormuz, throug

DETAILED REPORT

By Kanishka Singh and Parisa Hafezi WASHINGTON/DUBAI, Aug 20 (Reuters) - U.S. President Donald Trump warned of economic consequences against any country that provided "any type of lifeline to Iran" as the U.S. looks to resolve a war it began alongside Israel nearly six months ago. Thousands of people have been killed in the war, which quickly drew in countries across the Gulf, and global markets have been shocked as Iran flexed its ability to control shipping through the Strait of Hormuz, through which about a fifth of the world's traded oil passed before February.
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