Donald Trump has announced what he calls an « Economic D-Day » strategy against Iran, escalating the already tense US-Iran conflict. Tehran has dismissed the threat, labeling it as another failed US policy. A fragile ceasefire has collapsed, with both military and economic pressures mounting on Iran. The situation is exacerbated by existing sanctions and disruptions in the Strait of Hormuz, a critical global energy supply route. Markets now interpret this escalation as decreasing the likelihood of Iran reconstruction funding being included in any 2026 US-Iran deal.
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