Trump to Hit Iran Lifelines in Global Economic Offensive
· World · Times of India, Al Jazeera, CNBC
US President Donald Trump is preparing to escalate economic pressure on Iran by expanding secondary sanctions to target the global networks that support the Iranian regime. Treasury Secretary Scott Bessent has promised what he called an "economic D-D" using "every agency, every authority" to cut off oil sales, financial flows, and shipping channels that keep Iran afloat. The new strategy, combining a naval blockade with the toughest sanctions yet, specifically threatens third-country intermediaries including major buyers of Iranian oil such as China and India. Bessent warned that the campaign aims to "collapse this regime" by severing economic lifelines relied upon by BRICS nations with historical ties to Tehran. Iran responded with threats to halt all Persian Gulf oil exports, raising risks of a broader energy disruption. The Times of India reports the campaign marks a shift from earlier, narrower sanctions to a global economic squeeze.
Why it matters
India's oil imports and trade flows face direct disruption as Washington pressures third-country networks to choose between access to Iran and access to the U.S.-dominated financial system. Higher crude prices or supply cuts could raise India's import costs, while Indian banks and shipping firms risk losing U.S. market access if caught transacting with Iran.
Read the original report — Times of India
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