The Trump administration is escalating its campaign to economically isolate Iran, threatening penalties against countries and companies that continue trading with Tehran as Washington seeks to cut off the commercial lifelines sustaining the Iranian economy through nearly six months of war.
The U.S. on Monday announced what officials described as an "economic D-Day" campaign targeting the "enablers" of Iran's economy. Although enforcement details remain unclear, the strategy could have major consequences far beyond Tehran, particularly for China, the United Arab Emirates, Turkey, Iraq and India, according to a CNBC analysis.
