Scott Bessent Claims EU Joined US Iran Sanctions Drive
US Treasury Secretary Scott Bessent states the European Union officially joined Operation Economic Outcast, though Brussels officially welcomed the initiative without formally committing to it.
Scott Bessent, United States Treasury Secretary, announced on Friday that the European Union has 'officially joined' Operation Economic Outcast. This American sanctions campaign aims to cut Iran from the international banking system. The US Treasury Secretary praised the bloc for moving early in support of Washington's financial war on Tehran.
Bessent stated that the world is sending a clear message to the Iranian regime and that Washington will not stop until every remaining financial lifeline has been severed. He emphasized that the United States stands firm with allies to ensure the regime cannot exploit the global financial system.
The EU statement cited by Bessent was published on Monday, August 31st. It outlines the bloc's longstanding complaints regarding Iran but does not contain a formal commitment from Brussels to the US campaign. The document appeared at the opening of a G20 finance ministers and central bank governors meeting in Asheville, North Carolina. United States Treasury Secretary Scott Bessent hosted this gathering alongside Federal Reserve Chair Kevin Warsh to press counterparts to cut financial ties with Tehran.
