US Hits Remaining Parts of Iran’s Aviation Sector with Sanctions in Latest Move to Isolate Tehran
The action targets airlines and support firms accused of helping Iran move weapons, personnel and illicit cargo, Treasury said.
- 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.
123 Articles
123 Articles
US moves to choke Iran's aviation lifelines with new sanctions on 27 airlines
The United States has imposed sweeping sanctions on 27 Iranian airlines and the foreign networks supporting them. As part of Donald Trump's 'Economic D-Day' campaign against Tehran, the US is widening its assault beyond Iran's airlines to target the overseas networks that help keep the country's aviation sector functioning.
Bessent debuts sanctions hitting Iran airlines for 'economic D-Day'
The Trump administration on Tuesday unveiled 36 sanctions targeting Iranian-linked airlines and foreign firms tied to the country’s aviation sector, marking its latest effort to topple Iran through “economic D-Day.” Treasury Secretary Scott Bessent sanctioned 27 Iranian airlines and nine other entities or companies across the world that the United States believes Iran is using […]
U.S. Sanctions Iran's 27 Remaining Active Airlines In 36-Target Crackdown
The U.S. Department of the Treasury sanctioned 36 targets Tuesday, including Iran’s 27 remaining active airlines, as Washington moved to isolate Tehran and disrupt aviation networks that officials say carry weapons, personnel and illicit cargo. The Office of Foreign Assets Control said the remaining nine targets included eight companies and one individual connected to front […]
The United States imposed new sanctions on dozens of Iranian aerospace companies on Tuesday as part of its economic crackdown on the country.
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