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US-Iran Firefight and Treasury Sanctions Deepen Pressure on Iran

A recent military flare-up between US and Iranian forces coincided with fresh US Treasury sanctions targeting cryptocurrency exchanges and networks accused of moving funds for Iran’s military and state-linked entities, Treasury Secretary Scott Bessent said.

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Right

Scott Besant, whose country is desperate for war against Iran, claimed that the quickest way to end this conflict is for no one to support this Iran.

·Tehran, Iran (Islamic Republic of)
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Center

US Treasury Secretary Scott Bessent declared on Monday, August 31, that Iran “takes US sanctions seriously and is therefore reacting violently due to the economic losses it is suffering.” The escalation of the conflict is the backdrop to a G20 finance ministers' summit in North Carolina.

·Issy-les-Moulineaux, France
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US Treasury Secretary Scott Bisnett called on Russia to abandon its support for the Iranian regime, reiterating that no one should be supporting it. He said his message to everyone regarding Iran and Russia is to “stay away,” noting that Iranian airlines, the maritime sector, and digital assets could be targets of US sanctions, and confirming that Washington is engaged in comprehensive discussions… Read more

Washington: U.S. Treasury Secretary Scott Bisent said on Monday that the goal of U.S. sanctions on Iran is to "create the conditions that will make Iran willing to come to the negotiating table." In an interview with CNBC, he added that the United States and China agree on more than they disagree on Iran. (Reuters)

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The Times of Middle East broke the news on Monday, August 31, 2026.
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