Scott Bessent Urges G7 Allies to Target Iran’s Finances as US Applies Fresh Sanctions

‘Now is the time to join the United States in moving aggressively,’ the Treasury secretary said.

Treasury Secretary Scott Bessent speaks during a press briefing at the White House in Washington on April 15, 2026. Madalina Kilroy/The Epoch Times

Treasury Secretary Scott Bessent urged allies in the Group of Seven (G7) to join the United States in “crushing the threat of terrorism” from Iran.

In a May 18 speech at the “No Money for Terror” conference in Paris, Bessent said world leaders should stop Iranian terrorism and impose “aggressive and targeted” sanctions on the regime.