International
US Treasury Chief Warns Iranian Airlines Face Global Shutdown
The Hindu1h
THE BRIEF
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US Treasury Secretary Scott Bessent warned that Iranian airlines will be effectively shut down globally under US sanctions starting September 23.
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Airlines facing sanctions cannot receive fuel, landing services, or ticket sales without exposing providers to removal from the US dollar financial system.
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The sanctions follow a series of earlier designations targeting Iran's remaining aviation sector participants amid ongoing tensions.