US Treasury Secretary Scott Bessent warned companies against doing business with Iranian airlines after Washington imposed sweeping new sanctions on the country’s aviation sector on Tuesday.
“Let this be a warning to anyone doing business with Iran’s remaining airlines, all of which we sanctioned today: You are at risk of being cut off from the global financial system,” Bessent said in a post on X.
He said the measures were part of Operation Economic Outcast, Washington’s campaign to cut financial lifelines to the Islamic Republic, adding that the United States had also sanctioned companies continuing to support Mahan Air.
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