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Event Brief

Bessent urges allies to sanction Iran

U.S. Treasury Secretary Scott Bessent urged G7 and allies to follow Iran sanctions to curb illicit financing.
WHO: Scott Bessent, U.S. Treasury Secretary
WHAT: Urged G7 and allies to follow sanctions regimes on Iran to crack down on illicit financing
WHEN: May 18, 2026 at 4:53 AM ET
WHERE: Paris, France
WHY: He called for sanctions to crack down on illicit financing fueling Iran’s war machine as peace talks stall

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