NEThe United States has intensified its economic pressure on Iran as the European Union officially joined the coalition-led initiative designated as “Operation Economic Outcast.”
According to reports citing US Treasury Secretary Scott Bessent, the United States and its international allies are collaborating to ensure that Iran cannot leverage the global financial system to fund its nuclear program, weapons development, or regional proxy groups. Bessent affirmed on social media platform X that rigorous economic measures against Iran will persist until its remaining financial channels are fully dismantled.
The European Union’s formal participation in the campaign significantly escalates economic and financial pressure on Tehran, raising the likelihood of broader restrictions on Iranian transactions within the global banking framework.
