EU Joins U.S. Economic Pressure on Iran

The European Union officially joined the US operation 'Economic Outcast' to exert economic pressure on Iran.

Consensus

The European Union officially joined the U.S. economic operation 'Economic Outcast' against Iran.
U.S. Treasury Secretary Scott Bessent made the announcement via social media platform X.
The operation aims to cut off Iran's access to the international financial system.
The goal is to prevent Iran from financing its nuclear ambitions, weapons programs, and terrorist proxy forces.
The operation was initiated by the U.S. on August 24.
The U.S. and its allies are determined to continue until all remaining financial channels to Iran are severed.

Experts from The New York Times suggest that the economic isolation of Iran may be ineffective without the participation of India and China, and could destabilize global markets. — vesti
Bessent announced the start of the 'Economic Outcast' operation on August 24 and revealed new sanctions against 60 organizations, individuals, and ships worldwide. — kommersant
The operation aims to pressure Iran in a conflict that has lasted for six months. — interfax