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ConfirmedDiplomacy & politicsAsheville, North Carolina, United States

Bessent says Iran sanctions aim to bring Tehran back to the negotiating table

Mountain Time
Local time
10:50 AM in New York
Where
Asheville, North Carolina, United States

At G20 finance meetings in Asheville, North Carolina, Treasury Secretary Scott Bessent told CNBC the sanctions campaign aims "to create the conditions that they will want to come to the table", citing US demands on Iran's nuclear program, enriched uranium, proxies and an open strait. He said Iran was "lashing out kinetically because they are losing economically".

Why it matters

Bessent was using the G20 meetings to press partners to join Iran's economic isolation, pairing the pressure campaign with the renewed US strikes.

Sources (4)

Confidence: Corroborated by independent sources or direct evidence. About confidence labels

Correction

  • Corrected the time from 6:15 PM Jerusalem time, Aug 31, 2026 to 10:50 AM New York time, Aug 31, 2026; corrected the headline (it read "Bessent Says Sanctions Goal Is to Force Iran Back to Negotiating Table"); revised the summary; revised the context note; corrected the location from Washington, D.C. / Tehran to Asheville, North Carolina, United States; changed the confidence label from reported to confirmed; reclassified it from diplomatic to sanctions; updated the sourcing note; added 3 sources: The Guardian, CBS News, Fox News. Why and evidence