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Iranian airlines are targeted by the US Treasury for backing the regime
Fox Business • • nation
Key Points:
- The U.S. Treasury Department sanctioned 36 targets linked to Iran's aviation sector, accusing the regime of using airlines to transport weapons, personnel, and illicit cargo.
- Treasury Secretary Scott Bessent emphasized the sanctions as part of Operation Economic Outcast, warning companies doing business with Iranian airlines risk being cut off from the global financial system.
- Twenty-seven Iranian airlines, including Mahan Air, were sanctioned for supporting the Islamic Revolutionary Guard Corps' destabilizing activities and illicit procurement efforts.
- Additional sanctions targeted foreign intermediaries and front companies in the UAE and Turkey that facilitated the transfer of U.S.-origin aircraft and sensitive technology to Iran.
- Cargo service providers and agents supporting Mahan Air’s international flights, including those coordinating shipments of UAV components, were also sanctioned to disrupt Iran’s aviation-related supply chains.
