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Bessent Says He’ll Meet With China's He Lifeng This Weekend

Source: Bloomberg

Sanctions & Export ControlsGeopolitics & WarTrade Policy & Supply ChainBanking & Liquidity

US Treasury Secretary Scott Bessent said the UAE has taken forward-leaning measures against Iran-linked finance, including cutting off financial transactions and trade with Iran. The actions signal tighter regional enforcement of US pressure on Iran and could increase risks to Iran-related trade and cross-border financial flows.

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