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31 Aug 2026, 13:32

The European Union announced on Monday that it will continue to work with the United States and other international partners and the G7 "to maintain pressure on Iran and help reduce tensions and regional stability."

The statement reads: "The EU welcomes efforts to ensure that Iran ceases its destabilizing activities and engages in good faith in peace negotiations, including through further economic pressure, including U.S.-led economic expulsion operations."

"Economic expulsion operations" is the title given by U.S. officials to the new economic pressure program on the Islamic Republic.

The EU's statement comes ahead of the G20 meeting hosted by the United States.

Scott Basset, the U.S. Treasury Secretary, told Reuters that at this meeting, he will ask finance ministers and central bank governors from around the world to cut their economic ties with Iran; otherwise, they will face U.S. secondary sanctions.
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