Treasury Chief Seeks G7 Support for Iran Sanctions to Block War Funding

PARIS, May 18 (Reuters) – Treasury Secretary Scott Bessent announced Monday his intention to urge fellow G7 finance ministers to implement a comprehensive sanctions framework designed to prevent financial resources from reaching what he characterized as Iran’s “war machine.”

The Treasury Secretary also characterized the recent diplomatic mission to China, which included a U.S. delegation headed by President Donald Trump, as “very successful.”