US Hits Remaining Parts of Iran’s Aviation Sector with Sanctions in Latest Move to Isolate Tehran
The action also targets foreign service firms and procurement fronts accused of helping Iran move weapons, personnel and illicit cargo.
- On Tuesday, the Treasury Department sanctioned 27 Iranian airlines, expanding the Operation Economic Outcast campaign to isolate the regime's aviation infrastructure from global markets.
- The administration accused 36 entities of supporting the Islamic Republic's efforts to transport weapons and illicit cargo, targeting intermediaries in Turkey, Malaysia, Kazakhstan, and the United Arab Emirates.
- Restrictions specifically impact Mahan Air, which has faced counterterrorism sanctions since 2019 for supporting the Revolutionary Guard, as the Treasury Department suspended three general licenses blocking overflight payments.
- Treasury Secretary Scott Bessent warned that entities doing business with these airlines risk being cut off from the global financial system, effectively removing the entire aviation sector from the market.
- Brent oil reached a seven-week high of $99 per barrel on Tuesday morning, while President Donald Trump insisted global oil prices "will drop precipitously" once the US wins the war.
210 Articles
210 Articles
U.S. Moves to Isolate Iran’s Aviation Sector From the Global Economy
The United States has imposed sanctions on all of Iran's remaining active airlines, sharply escalating pressure on Tehran's aviation sector as part of a broader campaign aimed at cutting the Islamic Republic off from international trade and finance. The US Treasury Department on September 8 sanctioned 36 targets, including 27 Iranian airlines, as well as foreign companies and an individual accused of helping Iran's sanctioned aviation networks p…
US Slaps New Sanctions on Iran, Targets Every Remaining Airline in the Country
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Turkish, Kazakh, and Malaysian Companies Hit With New US Sanctions Over Iran
In addition to sanctioning 27 Iranian airlines, the U.S. designated Turkish, Kazakh, and Malaysian companies for serving as general sales agents for long-sanctioned Iranian airline Mahan Air.
US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights
US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights As part of the latest in the Trump-Bessent "asphyxiation of this regime" approach to Iran after six months of military action failed to accomplish most White House aims, the Trump administration on Tuesday announced it is sanctioning all Iranian airlines in a massive aviation crackdown. The Treasury statement listed 27 Iranian air carriers and nine entit…
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