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    U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing

    CNBC
    September 5, 2026
    via CNBC

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    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.

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