Nation Thailand
US widens Iran sanctions to airlines and overseas firms
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The United States imposed sanctions on 27 Iranian airlines on Tuesday (September 8), part of a 36-target package aimed at restricting Iran’s aviation industry and increasing economic pressure on Tehran.
Key facts
- The US Treasury Department said the measures were intended to ground Mahan Air, already subject to US and European Union sanctions, while extending restrictions to all remaining Iranian airlines.
- Treasury accused businesses in Turkey and the United Arab Emirates of helping Mahan Air acquire at least three Boeing 777 aircraft during summer 2026
- Akanat orders Bangchak and BAFS units to cover Rama 3 oil spill costs
- Treasury Secretary Scott Bessent warned businesses dealing with those carriers that they could lose access to international finance
Summary
The US Treasury Department said the measures were intended to ground Mahan Air, already subject to US and European Union sanctions, while extending restrictions to all remaining Iranian airlines.
Treasury Secretary Scott Bessent warned businesses dealing with those carriers that they could lose access to international finance. “You are at risk of being cut off from the global financial system,” he said.