EU Joins US Sanctions Campaign Against Iran
Summary
The European Union has joined the US-led sanctions campaign against Iran, backing efforts to cut off Tehran from the global financial system. Iran denounced the move as economic terrorism and accused the EU of yielding to US pressure.
Key Points
- The European Union formally joined the US-led sanctions campaign against Iran.
- US Treasury Secretary Scott Bessent welcomed the EU's support for Operation Economic Outcast.
- The campaign targets Iran's digital assets, advanced technology purchases, gold reserves, commercial aviation and maritime transport.
- Iran condemned the EU decision and said it amounted to economic terrorism under US pressure.
