US Official Signals Ahead of G20: Bessent May Warn Countries to Cooperate with Iran Sanctions or Lose Dollar Settlement Access

US Treasury officials told media that Bessent will issue a warning at next week's G20 finance ministers' meeting, demanding participating countries cooperate with sanctions on Iran or face removal from the dollar system or secondary sanctions. Additionally, the meeting will focus on global economic growth, supply chain resilience, and reducing trade imbalances, with US officials also responding to the issue of elevated Treasury yields.