Bessent: EU Joins Operation Economic Outcast Against Iran

US Treasury Secretary Scott Bessent said the European Union has officially joined Operation Economic Outcast. That is his X post dated 3 September 2026, 4:26pm.

Bessent wrote that Washington “appreciate[s] their strong and early stance,” that the US “stands firm with our allies in ensuring the murderous Iranian regime cannot exploit the global financial system to fund its nuclear ambitions, weapons programs, and terror proxies,” and that “we will not stop until every remaining financial lifeline has been severed.”

Oil and the dollar complex stay on the tape

The move is Iran financial isolation — not a claim that Hormuz is reopened. Live crude and dollar stamps sit on Friday’s oil and DXY notes.

The later Treasury Golden Global Bank designation in Türkiye is a separate Outcast URL — this note stays the EU-joined Outcast sibling.

Also see: Treasury OFAC Grounds Iran’s Remaining Airlines Under Operation Economic Outcast.

Also see: Iran Eases FX Rules So Businesses Can Settle Cross-Border Trade in Bitcoin and USDT.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.