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Iran war live: Tehran says Trump’s ‘economic warfare’ will fail

Iranian Foreign Minister Abbas Araghchi has dismissed US President Donald Trump’s newly announced sanctions campaign, calling the ‘so-called Economic D-Day’ a diversion from domestic American issues.

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Al Jazeera Live

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By Federica Marsi, Yasmeen Eltahan and Hala Al Shami
Published On 20 Aug 202620 Aug 2026

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  • Iranian Foreign Minister Abbas Araghchi has dismissed US President Donald Trump’s newly announced sanctions campaign as a diversion from domestic American issues, warning that the “so-called ‘Economic D-Day'” would only bring further defeat to Washington.
  • This comes after Trump announced the launch of an unprecedented “crushing economic operation” against Iran after the two countries failed to reach a deal, warning that any country offering Tehran a lifeline will face severe financial retaliation.


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