Business & Economy · 17 views
Bessent urges G7 to help U.S. attack Iran's finances
The Iran war continues to wreak havoc on global oil supply and the broader economy, even as the conflict appears to be locked in an uneasy stalemate.
Summary
Treasury Secretary Scott Bessent on Tuesday urged world leaders at a G7 conference to help the U.S. combat Iranian terrorism by "rooting out the financing that sustains it," while laying out a new rubric for imposing "aggressive and targeted" sanctions. "Crushing the threat of terrorism compels all of you to step up and join us," Bessent said in a speech to the "No Money for Terror" conference in Paris, after claiming that the U.S. often fights alone.
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