Trump targets Iran economy after destroying military, nuclear sites

The White House has announced that President Trump has successfully destroyed Iran’s military and nuclear sites and is now planning to focus on targeting its economy. This development marks a significant escalation in the ongoing U.S.-Iran conflict, which began in February 2026. The conflict has reached a militarized phase, with recent reports indicating a shift from military actions to intensified economic sanctions. The announcement suggests a strategic focus on crippling Iran’s economic capabilities following direct strikes on its military and nuclear infrastructure. Key Takeaways The announcement appears consistent with a significant escalation in the U.S.-Iran conflict, focusing on economic measures. Market pricing suggests a decrease in the likelihood of a US-Iran deal that includes reconstruction funding, with odds dropping to 12.5% for 2026. The destruction of nuclear sites may indicate a strategic shift in U.S. tactics, focusing on long-term economic pressure. What to Watch Observers should monitor any further communications from the White House regarding the specifics of the economic measures planned against Iran. Additionally, the response from Iran, particularly in term...