The US government announced on the 20th that it will carry out so-called “destructive economic actions” and “unprecedented economic isolation” against Iran, and threatened to take tougher measures against countries that continue to support Iran. This means that America's “extreme pressure” on Iran's economy is being fully extended from traditional economic sanctions to a wider range of fields. The US is trying to force Iran to make concessions by cutting off its economic lifeline, but the spillover effects of its “economic war” continue to spread along the energy, shipping, and supply chains: Iran is suffering from recession and high inflation, American consumers are facing higher inflationary shocks, and the global economy is facing multiple pressures such as rising energy, food, and shipping prices.

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