US Treasury Secretary Scott Bessent said the EU has officially joined the US-led “Operation Economic Outcast” to intensify economic pressure on Iran. The EU backed additional sanctions while stressing diplomacy, de-escalation and safe navigation through the Strait of Hormuz.
Washington DC: US Treasury Secretary Scott Bessent on Thursday (local time) said that the European Union has "officially joined" the US-led "Operation Economic Outcast" against Iran, welcoming what he described as the bloc's strong and early stance in maintaining economic pressure on Tehran as the West Asia conflict continues.
"The European Union has officially joined Operation Economic Outcast and we appreciate their strong and early stance," Bessent said in a statement on X.
"The United States stands firm with our allies in ensuring the murderous Iranian regime cannot exploit the global financial system to fund its nuclear ambitions, weapons programs, and terror proxies. The world is sending a clear message to the Iranian regime: We will not stop until every remaining financial lifeline has been severed," he added.
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