US Treasury warns foreign firms of secondary sanctions if they service Iranian airlines after Sept. 23
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US Treasury Takes Decisive Action to Block Iranian Airlines, Warns Foreign Firms of Severe Sanctions

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Summary

U.S. Treasury Secretary Scott Bessent declared that from September 23, Iranian airlines will be effectively shut out of international operations, and any foreign company aiding them risks crippling secondary sanctions and exclusion from the U.S. dollar system.

U.S. Treasury Secretary Scott Bessent told CNBC that, starting on September 23, Iranian airlines are expected to be unable to operate internationally as Washington enforces tough secondary sanctions against foreign firms that continue to service these rogue carriers.

"If they land, you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system," Bessent said, underscoring the seriousness of U.S. resolve in cutting off support for Iran’s destabilizing regime.

The warning is aimed not only at the airlines but also at airports, fuel suppliers, ticketing companies, and other service providers that enable Iranian flights abroad. This strong move follows a recent Treasury action that sanctioned all remaining Iranian airlines and foreign companies accused of supporting Iran’s aviation sector, tightening the noose on Iran’s ability to threaten global security.

U.S. secondary sanctions, which can impact businesses in sectors such as energy, shipping, technology, gold, and digital assets, are a critical tool to isolate Iran from the global financial system and curb its malign activities. Bessent noted that Chinese officials have been "very engaged" in discussions about compliance, and that positive talks are ongoing with Chinese financial authorities, including the People’s Bank of China, to ensure robust enforcement of these necessary sanctions.

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