US-hosted G20 finance meeting to push Iran sanctions

The Trump administration is set to host a G20 finance meeting next week, aiming for finance leaders from major economies to agree on measures to boost economic growth, reduce global imbalances, and address sovereign debt challenges. A senior US Treasury official stated that the meeting will also focus on urging participants to cut off Iran's economic lifelines. US Treasury Secretary Scott Bessent will lead the G20 finance ministers and central bank governors meeting on Monday and Tuesday in Asheville, North Carolina, following the announcement of new sanctions on Iran.