Bessent warns firms providing fuel, maintenance or airport services to sanctioned Iranian airlines they face U.S. sanctions, as Treasury expands enforcement under its “Economic Fury” initiative.
Bessent warns firms providing fuel, maintenance or airport services to sanctioned Iranian airlines they face U.S. sanctions, as Treasury expands enforcement under its “Economic Fury” initiative. SUMMARY Bessent warned businesses offering fuel, maintenance or airport services to sanctioned Iranian airlines they face U.S. sanctions.
The warning targets third parties facilitating Iranian carrier activity as Tehran resumes commercial flights to regional destinations. The Trump administration previously sanctioned two UAE-based aviation companies, Parthia Cargo and Delta Parts Supply, for violating sanctions on Mahan Air by providing logistics and parts. Bessent separately confirmed this week that the U.S. will not renew waivers permitting the purchase of Iranian oil currently at sea, calling any such renewal completely off the table.
Treasury’s OFAC has been intensifying its “Economic Fury” campaign, recently sanctioning more than two dozen individuals, companies and vessels tied to an Iranian oil smuggling network operated by the family of a senior regime official. (U.S. Treasury) Earlier this month, the U.S. also imposed sanctions on 14 people and companies helping Iran rebuild its ballistic missile inventories following U.S.-Israeli strikes, targeting entities in Iran, Turkey and the UAE. U.S.