US Treasury Secretary Bessent said the EU has formally joined Washington’s economic pressure campaign on Iran. Bessent wrote Washington "appreciates its strong and timely stance" and said "the United States and its allies stand together to ensure the Iranian regime cannot use the global financial system to fund its nuclear ambitions, weapons programs and terrorist proxies." He added: "The world is sending a clear message to the Iranian regime: we will spare no effort until cutting off all its re

2026-09-04

US Treasury Secretary Bessent said the EU has formally joined Washington’s economic pressure campaign on Iran. Bessent wrote Washington "appreciates its strong and timely stance" and said "the United States and its allies stand together to ensure the Iranian regime cannot use the global financial system to fund its nuclear ambitions, weapons programs and terrorist proxies." He added: "The world is sending a clear message to the Iranian regime: we will spare no effort until cutting off all its remaining financial lifelines." The EU said late last month it would work "closely with the US, other G7 members and international partners to continue to pressure Iran" while seeking de‑escalation and preserving regional stability.