# Trump’s ‘economic D-Day’ claims first victim: Not Iran, but US markets

https://mins.news/en/item/28445

- Al Jazeera, 2026-08-21 13:47 UTC
- World
- Original: https://www.aljazeera.com/news/2026/8/21/trumps-economic-d-day-claims-first-victim-not-iran-but-us-markets?traffic_source=rss

> Donald Trump has threatened unprecedented economic warfare and isolation against Iran, including sanctions on countries that continue doing business with Tehran. With the Strait of Hormuz closed amid the US-Israel war on Iran, oil prices rose and US stocks suffered their steepest losses in three weeks. An emergency increase in Treasury buybacks failed to calm markets.

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