The recent terrorist attack by Hamas on Israel has drawn attention to the urgent need for a united global response to terrorism. Iran’s role as a state sponsor of terrorism, supporting groups like Hamas and Hezbollah, cannot be ignored. In order to combat Iran’s support for terrorism, economic pressure should be applied, with the United States leading efforts to constrict Iran’s revenues and dismantle its global terrorist financing networks. Consistent enforcement of sanctions is critical, as is addressing China’s economic partnership with Iran, which raises concerns about complicity in supporting Iranian activities. Additionally, the alliance between Iran and Russia in the Middle East has serious implications for regional balance of power and proxy conflicts, and efforts to disrupt terrorist financing networks supporting these groups are essential. Building a new international coalition and making Iran financially accountable for its sponsorship of terrorism are also important steps in addressing the Iranian challenge within the broader framework of global counterterrorism efforts. Only through concerted efforts can the global community effectively counter the sponsorship of terrorism and work toward fostering peace and stability in the tumultuous Middle East.