U.S. hits remaining parts of Iran's aviation sector with sanctions in latest move to isolate Tehran
Summary
The Trump administration imposed new sanctions on parts of Iran's aviation sector, targeting airlines and foreign cargo companies involved with the Iranian government. This move is part of a campaign to cut off Iran from international trade and financial systems.Key Facts
- The sanctions focus on over two dozen commercial and private airlines, plus foreign cargo providers linked to Iran.
- These actions are part of Operation Economic Outcast, aiming to block financial support to Iran's government.
- The U.S. accuses targeted companies of helping Iran move weapons, personnel, and illegal cargo.
- Foreign firms doing business with these Iranian entities risk U.S. sanctions like asset freezes.
- Mahan Air, Iran's major airline, has been under U.S. sanctions since 2011 for supporting Iran's Revolutionary Guard.
- Private companies in Turkey, UAE, Kazakhstan, and Malaysia have been linked to supplying parts and services to Mahan Air.
- The sanctions follow recent U.S. moves against a Turkish bank and an Egyptian bank’s operations connected to Iran's oil revenue.
- Iranian officials criticized the sanctions, saying they harm America's reputation worldwide.
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