The European Union has formally joined the United States’ “Operation Economic Outcast,” a special program to apply economic pressure on Iran. U.S. Treasury Secretary Scott Bessent confirmed the move in a post on X. The news was reported by Al Jazeera.
Welcoming the EU’s move, Bessent wrote that Washington thanks the bloc for taking such a strong and swift stance. He added that the United States stands with its allies in ensuring Iran cannot exploit the global financial system to fund its nuclear ambitions, weapons programs and allied groups. He said the world is sending Tehran a clear message today: this campaign will not stop until its last financial link is severed.
Earlier, in a statement issued late last month, the European Union said it would continue working closely with the United States, the G7 and other international partners to maintain pressure on Iran and help restore regional stability.
