Iran War Impasse

Yeganeh Torbati, the Iran correspondent for The New York Times based in Istanbul and co-author (with Bozorgmehr Sharafedin) of Stolen Revolution: Betrayal and Hope in Modern Iran (Doubleday, 2026), reports on the latest developments in the Iran war as the cease-fire expires and Pres. Trump threatens an "economic D-Day."

Photo: Currency exchange office is seen as daily life continues amid persistent tensions between Iran and the United States in the Iranian capital Tehran, on August 24, 2026. US President Donald Trump said he had announced an unprecedented economic D-Day operations targeting Iran and threatened countries supporting the Tehran administration with severe economic consequences. (Fatemeh Bahrami/Anadolu via Getty Images)

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