US Treasury Secretary Bessent urges G7 to uphold sanctions against Iran
US Treasury Secretary Scott Bessent is urging G7 finance ministers to strengthen sanctions against Iran. He emphasizes the need to close loopholes that allow Iran to access global financial systems. The goal is to prevent funding from reaching Iran's military sectors.
- ▪Bessent is advocating for tighter compliance with existing sanctions targeting Iran's military apparatus.
- ▪Current US sanctions already focus on the Central Bank of Iran and the Islamic Revolutionary Guard Corps.
- ▪The challenge lies in enforcing these sanctions effectively across international borders.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18041053/treasury-secretary-warns-us-to-bankrupt-iran-in-updated-sanc-1-800x420.jpeg" alt="US Treasury Secretary Bessent urges G7 to uphold sanctions against Iran" class="w-full aspect-[19/10] object-cover" /> US Treasury Secretary Bessent urges G7 to uphold sanctions against Iran Bessent will push G7 finance ministers in Paris to close loopholes that let Iran access global financial systems, including through digital assets and shadow banking. Share Add us on Google by Editorial Team May.
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