Bessent debuts sanctions hitting Iran airlines for 'economic D-Day'
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.”
TL;DR
- The U.S. imposed 36 sanctions on Iranian-linked airlines and foreign firms in the aviation sector.
- These sanctions are part of an "economic D-Day" campaign to pressure Iran.
- Sanctioned entities include firms in Turkey and the UAE for allegedly helping Mahan Air secure aircraft.
- A Malaysian-based firm was sanctioned for servicing Mahan Air's international flights.
- Treasury Secretary Scott Bessent stated that those doing business with sanctioned Iranian airlines risk being cut off from the global financial system.
- The "Operation Economic Outcast" initiative has previously targeted individuals and entities for helping Iran evade sanctions.
- Vice President JD Vance noted responsiveness from China regarding requests to end support for Iranian-linked infrastructure.
- President Trump expressed that these measures will cripple Iran and prevent it from obtaining nuclear weapons.