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September 3, 2026

European Union Joins U.S. Sanctions Against Iran

  • The European Union formally supports the U.S.-led 'Operation Economic Outcast' targeting Iran's financial systems.
  • U.S. Treasury Secretary Scott Bessent emphasized the campaign aims to sever Iran's financial lifelines and curb its nuclear ambitions.
  • Iran's foreign ministry condemned the EU's decision, labeling it as succumbing to U.S. coercion and economic terrorism.

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