Trump threatens to end the Iranian regime and the United States and Iraq will go to war?

Published: May 21, 2019 15:19 (GMT+8)

First, Iran's economy has been completely blocked by the United States, marked by the fact that Iran has been kicked out of SWIFT. As early as November last year, US Deputy Treasury Secretary Mandeker announced that SWIFT had cut off links with sanctioned Iranian financial institutions, including the Central Bank of Iran. SWIFT, which covers more than 200 countries and more than 11000 financial institutions around the world, is a non-profit international cooperation organization headquartered in Europe. The United States also has a great influence on this system. After Iran was excluded, it was no longer able to participate in international financial transactions and trade, and the Iranian economy was forced to retreat to a "closed country" state.

Second, Iran, as a country whose economy is heavily dependent on oil exports, has been completely embargoed by the United States, and the eight countries that had been granted a six-month exemption period will no longer be exempted by the United States, marking the top level of US sanctions against Iran. Zamania, Iran's deputy oil minister, had previously said Iran had mobilized all its resources to sell oil in the "grey market" to circumvent illegal US sanctions against Iran. Iran's crude oil exports have been chopped again and again, as shown on the website of the Ministry of Commerce.

At the same time, inflation in Iran, which has recently exceeded 50%, is one of the worst performing currencies in the world.

In addition, on the first anniversary of the US withdrawal from the Iran nuclear deal, Trump signed another executive order banning countries from importing metals from Iran, which are said to account for 10 per cent of Iran's export earnings. Under such a heavy blow, Iran still did not give in. Iranian President Rouhani said strongly on the 20th that the United States and Iran are not suitable for negotiations under the current situation, and resistance is Iran's only option. On the evening of the 19th, US President Donald Trump threatened Iran with a tweet saying that if Iran wanted to fight, it would be the official end of Iran and never threaten the United States again!

However, Trump told the media on Monday that if they call, then of course we will start negotiations, but it is up to them to decide. If Iran is ready, I want them to call. At present, two US aircraft carrier strike groups have sailed into the waters of the Persian Gulf, and a large number of bombers are ready. Iran has repeatedly threatened to block the Strait of Hormuz, but it is clear that Iran has not dared to do it first, and the United States may be serious this time.

Is it possible for the United States and Iraq to go to war? Yes, but not very much. Trump, as a businessman president, is too aware of the gains and losses of the war. Fighting Iran is obviously not conducive to US national strength and economic construction. Trump will never start this war as a last resort. Negotiations are the best option at the moment. But if Iran takes the lead in provocation, as Mr Trump said, war may have to be fought. Now that it has been loaded and put on Iran, there are not many options for Iran.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【Flash | Novametal’s Molybdenum Benchmark Rises, but 316 Surcharge Transmission Remains Limited】
1 min ago
【Flash | Novametal’s Molybdenum Benchmark Rises, but 316 Surcharge Transmission Remains Limited】
Read More
【Flash | Novametal’s Molybdenum Benchmark Rises, but 316 Surcharge Transmission Remains Limited】
【Flash | Novametal’s Molybdenum Benchmark Rises, but 316 Surcharge Transmission Remains Limited】
Novametal USA released its October 2026 raw-material surcharges for stainless steel cold-drawn wire. The molybdenum average increased 1.0% from US$33.2230/lb to US$33.5558/lb, equivalent to approximately US$73,244/t and US$73,978/t. However, nickel and chromium averages declined 1.9% and 1.2%, respectively. Consequently, the 316 alloy surcharge fell from US$1.94/lb to US$1.92/lb, while 316L declined from US$1.98/lb to US$1.97/lb. After the energy surcharge rose from US$0.10/lb to US$0.12/lb, the total 316 surcharge remained unchanged at US$2.04/lb and 316L edged up to US$2.09/lb. SMM analysis: weaker nickel and chromium partly offset higher molybdenum costs, limiting downstream price transmission.
1 min ago
【Flash | Eaton Steel Raises Molybdenum Surcharges for October】
2 mins ago
【Flash | Eaton Steel Raises Molybdenum Surcharges for October】
Read More
【Flash | Eaton Steel Raises Molybdenum Surcharges for October】
【Flash | Eaton Steel Raises Molybdenum Surcharges for October】
Eaton Steel Bar Company released its October 2026 scrap and alloy surcharge schedule, raising the molybdenum component across all listed molybdenum-bearing grades. The moly surcharge for the 4000 series increased from US$9.49/cwt to US$9.77/cwt, equivalent to approximately US$209.22/t to US$215.39/t of steel. The 4600 series rose from US$15.18/cwt to US$15.64/cwt, while the 9260 grade increased from US$3.64/cwt to US$3.81/cwt. The gains ranged from about 3.0% to 4.7%. The scrap surcharge remained unchanged at US$14.50/cwt. SMM analysis: the October increase mainly came from alloy components, although the surcharge should not be treated as a direct molybdenum spot-price indicator.
2 mins ago
KGHM and South32 launch US$725m Sierra Gorda expansion, lifting copper capacity 26%
Oct 02, 2026 16:31 (GMT+8)
KGHM and South32 launch US$725m Sierra Gorda expansion, lifting copper capacity 26%
Read More
KGHM and South32 launch US$725m Sierra Gorda expansion, lifting copper capacity 26%
KGHM and South32 launch US$725m Sierra Gorda expansion, lifting copper capacity 26%
KGHM and South32 have broken ground on a fourth grinding line at the Sierra Gorda copper-molybdenum mine in Chile's Atacama region. The US$725 million expansion runs for three years from January 2027, with completion by late 2029 and full output in H2 2030. Ore processing capacity rises 26%, from 131,000 tonnes per day to 165,000 tpd. Annual copper output is projected to climb from 165,000 tonnes in 2025 to 195,000 tonnes, with 6,000 tonnes of molybdenum, 58,000 ounces of gold and 1.7 million ounces of silver as by-products. The project creates over 900 direct jobs and is funded from operating cash flow and debt. Unit operating costs are expected to fall about 10%.
Oct 02, 2026 16:31 (GMT+8)