Bessent debuts sanctions hitting Iran airlines for ‘economic D-Day’
The article reports that the Trump administration announced a new set of 36 sanctions on tuesday targeting Iranian-linked airlines and foreign companies involved in Iran’s aviation sector. This action aims to weaken Iran economically by disrupting its aviation industry. Specifically, Treasury Secretary Scott Bessent sanctioned 27 Iranian airlines along with nine international entities, including firms based in Turkey, the UAE, and malaysia, which facilitated Iran’s efforts to acquire aircraft and support flights, such as those operated by Mahan Air. The sanctions are part of ongoing efforts to pressure Iran through economic means.
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 to obtain material support to prop up its government. Treasury’s Office of Foreign Assets Control sanctioned several firms based in Turkey and the United Arab Emirates for helping Iran’s Mahan Air secure at least three Boeing B-777 aircraft this summer that had been retired elsewhere. It also sanctioned a Malaysian-based firm that serviced Mahan Air’s international flights and coordinated cargo shipments, among other actions.
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