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THE IRANIAN WAR
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Iran warns that "not a drop" of oil will emerge from the Persian Gulf if the US continues its "economic war"

U.S. Treasury Secretary Scott Bessent, for his part, has assured us that the "economic war" that begins this Monday is the final phase of the battle.

TEHRAN (Iran (Islamic Republic Of)), 19/08/2026.- Iranians walk near an anti-Trump billboard in Tehran, Iran, 19 August 2026. Iranian parliament speaker Mohammad Bagher Ghalibaf said that the Strait of Hormuz will remain closed until the United States lifts its blockade and ends sanctions. (Estados Unidos, Teherán) EFE/EPA/ABEDIN TAHERKENAREH RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV. (As mandated by Iran's Directorate General for Foreign Media) --
Anti-Trump poster in Tehran. Photo: EFE

Tehran warned the US on Sunday that if it continues its economic and trade war against Iran, not a "drop" of oil will emerge from the Persian Gulf.

"If the economic war continues, not a single drop of oil will be exported, either through the Strait of Hormuz or anywhere else in the Persian Gulf," said Ebrahim Rezaei, spokesman for the Iranian Parliament's National Security Committee.

"Iran will consider it an actof war toparticipate in the economic war that the United States is waging, "he added.

U.S. President Donald Trump has announced the launch of an economic operation against Iran from today, which will "isolate Iran at an unprecedented level," and has urged its allies to join the initiative.



For his part, Iranian Foreign Ministry spokesman Esmaeil Baqaei has warned that US economic pressure on Iran will become "boomerang " against the US economy.

"Importing frozen meat to control the price of meat? Okay, maybe it'll do. But what's the bond plan? Will they import frozen profits? They're importing frozen buyers for housing? And to fix salaries, are they going to issue frozen payrolls? "he ironically said to an image of a boomerang hitting Trump's face.

"Final phase"

Meanwhile, US Treasury Secretary Scott Bessent said on Sunday that the war against Iran "is in its final stages," referring to the "economic war" called for last Wednesday, which, according to Bessent, will begin today "the biggest financial attack ever planned against a rival."

"We are entering the final phase, with the start of a D economic day, the biggest financial attack ever planned against a rival," he said in a message posted on the networks.

"The president has created the conditions for the use of all agencies, authorities and actions, and many thought we would never use them," he stressed, before adding that Washington's goal is "to cut off all economic sustenance that sustains the tyrannical regime until Tehran is alone."

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