US-hosted G20 finance meeting to push Iran sanctions

Middle East Eye·August 27, 2026Sanctions

US-hosted G20 finance meeting to push Iran sanctions The Trump administration aims to have finance leaders from the Group of 20 major economies agree next week on steps to boost economic growth, reduce global imbalances and tackle sovereign debt challenges while pressing them to cut off Iran's economic lifelines, a senior US Treasury official said on Thursday. US Treasury Secretary Scott Bessent will host G20 finance ministers and central bank governors on Monday and Tuesday in the Blue Ridge Mountains city of Asheville, North Carolina, following his announcement of an "economic D-Day" of sanctions on Iran this week.

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