US Global Sanctions Move Targeting Iranian Airlines

Serdar HocamAuthor & Editor

US Treasury Secretary Scott Bessent announced that international flights of Iranian airlines will be halted by threatening foreign companies with secondary sanctions.

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United States Treasury Secretary Scott Bessent announced that, alongside secondary sanction threats targeting foreign companies, Iranian airlines will be completely barred from global international operations by September 23.

Secondary Sanction Threat and Scope

In an interview with CNBC, US Treasury Secretary Scott Bessent stated that the operations of Iranian airlines will be halted worldwide. This threat targets not only airline companies but also airports, ticketing firms, fuel suppliers, and other supporting businesses.

Warning of Exclusion from the Dollar System

Minister Bessent stated that foreign institutions providing fuel and landing services to Iranian aircraft or selling tickets will be excluded from the dollar system. With this step, it is aimed to effectively prevent airline operations by September 23.

Regional and International Steps

Following the US announcement, some countries put sanctions into effect. While sources in Iraq reported that the Baghdad administration would suspend Iranian airline flights, Georgia also banned the entry of Iranian carriers into the country.

Mahan Airlines and Contacts with China

Iranian airline company Mahan announced that it had suspended its flights to Turkey upon the request of the Turkish government. On the other hand, Bessent's statements came immediately after his economic talks with Chinese Vice Premier He Lifeng.