U.S. Treasury Secretary Announces Measures Targeting Iranian Airlines

U.S. Treasury Secretary Scott Bessent announced that all Iranian airlines will be effectively shut down starting September 23 by restricting their access to fuel, landing services, and ticket sales through the U.S. dollar financial system. The move is part of broader efforts to pressure Iran economically by targeting its business partners and enablers globally. Separately, the United Kingdom has reportedly agreed to support Saudi Arabia against Iranian-backed Houthi rebels in Yemen. This includes Royal Air Force air-to-air refueling for Saudi planes, as stated by newly appointed Prime Minister Andy Burnham. The decision follows U.S. President Donald Trump's refusal of a similar request from Riyadh. The actions come amid heightened tensions over control of key maritime chokepoints like the Bab el-Mandeb Strait and the Strait of Hormuz—critical routes for global oil exports.

By Lim Hui Jie · CNBC ·

U.S. Treasury Secretary Announces Measures Targeting Iranian Airlines

Topics: international_sanctions iran_airlines_shutdown uk_support_for_saudi_arabia

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