G7 finance leaders pledge cooperation on Iran sanctions, frozen Russian assets

Finance leaders from the Group of Seven industrial democracies on Wednesday condemned Iran's attack on Israel and pledged to continue work on "all possible avenues" to harness frozen Russian sovereign assets to aid Ukraine.

In a joint statement issued after a meeting on Wednesday, the G7 finance ministers and central bank governors said they would "ensure close coordination of any future measure to diminish Iran's ability to acquire, produce, or transfer weapons to support destabilizing regional activities."