Tanzania, May 18 -- Paris. United States Treasury Secretary Scott Bessent has called on countries around the world, particularly members of the G7, to join Washington in tightening sanctions against Iran amid escalating tensions linked to the ongoing conflict in the Middle East.

Mr Bessent made the remarks as finance ministers and central bank governors from the Group of Seven major economies gathered in Paris for a two-day meeting dominated by concerns over global economic instability, inflation pressures and disruptions in energy markets.

According to Reuters, the US Treasury chief said he would urge G7 nations to adopt measures aimed at restricting financial flows that could support what he described as Iran's "war machine".

The mee...