Could Trump’s Iran Sanctions Threat Escalate the Global Economic War?

U.S. President Donald Trump has threatened severe economic consequences against any country that provides Iran with financial, commercial or logistical support, expanding the economic dimension of a war that has already disrupted regional security and global energy markets. Trump said Washington would pursue “economic warfare and isolation on an unprecedented scale,” warning that governments, businesses and financial institutions providing Iran with what he called a “lifeline” could face retaliation. The warning comes nearly six months into the conflict, as Washington seeks to pressure Tehran over its nuclear programme while attempting to restore stability around the strategically vital Strait of Hormuz….