U.S. ‘Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing
CNBC
U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing
The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
Bessent praised the EU for formally joining “Operation Economic Outcast,” as Washington widens its war against Iran to economic pressure.
The EU has separately maintained its own sanctions regime targeting Iran’s nuclear and ballistic missile programs and its military support for Russia.
South Korea is weighing options including military assistance to support the U.S. bid to reopen the Strait of Hormuz, though no decision has been made.