Five Ways Trump Could Target Iran's Economy from 'Teapot' Sanctions to Land Blockade The US Treasury Secretary's warning that Washington plans to impose unprecedented restrictions on Tehran has sparked renewed speculation about potential targets of an economic assault on Iran.
The threat to inflict "severe economic damage" on Iran has already sent shockwaves through global markets, with some analysts predicting a devastating blow to the Iranian economy.
While the US has imposed sanctions on Iran for decades, citing various justifications from nuclear ambitions to human rights abuses, the current escalation under the Trump administration is distinct.