Washington Moves to Economically Isolate Iran and Pressures Airlines

Washington - Afaq News - U.S. Treasury Secretary "Scott Pisent" announced that he has sent teams around the world to urge actions to economically isolate Iran, welcoming a series of decisions targeting Iranian banks and airlines.

Pisent noted in a tweet on the platform "X" that several countries have halted flights of the Iranian private airline "Mahan Air," in addition to the UAE banning all flights of Iranian airlines.

The U.S. Secretary also highlighted measures targeting Iranian banks, indicating that "even the Iranian leadership has acknowledged the economic repercussions of the war, as the value of the rial has dropped to record low levels."

This development comes amid sanctions announced by the U.S. Treasury on September 8 against 36 entities linked to the Iranian aviation sector, including 27 airlines.