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2026-09-04T07:59:24.043Z

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Global fund to cut US bond holdings

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Berlin pulls back from UniCredit merger push

Mohammed bin Zayed congratulates Italy's Prime Minister

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Egypt driver runs over female passenger intentionally

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23 Hrs2026-09-04T07:23:00.000Z
Egypt driver runs over female passenger intentionally
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EU sanctions Iran; Seoul considers Hormuz aid

EU sanctions Iran; Seoul considers Hormuz aid

The European Union has officially joined the United States-led sanctions against Iran, aiming to isolate Tehran from the global financial system and weaken its ability to fund its nuclear program and terrorist activities. This comes simultaneously with South Korea's consideration of providing military support to help reopen the Strait of Hormuz, amid American pressures on allies to strengthen the fight against Tehran. In August, the "Economic Pariah Operation" campaign was launched, targeting Iran's access to digital assets, technology, and gold reserves, while Iran criticized the European move and described it as "economic terrorism."

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