US Treasury Secretary Scott Bessent announced on Monday that Iranian airlines will face significant challenges in operating globally within two days due to American sanctions. In an interview with CNBC, Bessent stated that on September 23, all Iranian airlines will be shut down worldwide. This move is part of the Trump administration's efforts to intensify pressure on Tehran.
The US Treasury's announcement follows earlier sanctions imposed on Iran's aviation industry. Bessent described this as an "economic D-Day" threat, aiming to choke off Tehran financially. He warned that if Iranian airlines land, they will not be able to receive fuel, landing services, or sell tickets without facing consequences, including being cut off from the dollar system.
The impact of the US Treasury's announcement was immediate, with two Iraqi sources reporting that Baghdad would suspend flights by Iranian airlines. Additionally, Georgia barred Iranian carriers from its land, and Iranian airline Mahan suspended service to Turkey at the request of the Turkish government. These developments indicate a significant escalation of the economic pressure on Iran.
The conflict between the United States and Iran began in late February, when US-Israeli strikes killed the Islamic republic's supreme leader and senior military officials. Tehran responded by blocking the Strait of Hormuz, a vital waterway for energy transit, causing global oil prices to surge. The ongoing conflict has led to increased tensions in the Middle East.
The US Treasury's move is likely to have far-reaching consequences for Iranian airlines and the country's aviation industry. The shutdown of Iranian airlines globally will not only affect the country's ability to transport people and goods but also its economy. The international community is closely watching the developments, with many countries taking steps to comply with the US sanctions.
The conflict between the US and Iran has also had a significant impact on the global economy, particularly in the energy sector. The blocking of the Strait of Hormuz has led to a surge in global oil prices, affecting countries worldwide. The situation remains volatile, with many experts warning of further escalation.
The US Treasury's announcement has sparked concerns about the humanitarian impact of the sanctions on the Iranian people. The shutdown of Iranian airlines will not only affect the country's economy but also its ability to receive humanitarian aid. The international community is calling for a peaceful resolution to the conflict, but the situation remains uncertain.
Key points
- The US Treasury Secretary warned that Iranian airlines will be shut down globally on September 23 due to American sanctions.
