What Happened
Treasury Targets Tehran's Aviation Sector
The US Treasury Department has sanctioned 27 Iranian airlines and nine related entities in a coordinated campaign aimed at severing Tehran’s last international aviation lifelines. The action, dubbed ‘Operation Economic Outcast,’ targets carriers that have transported weapons and personnel for the Islamic Revolutionary Guard Corps. Treasury Secretary Scott Bessent warned that entities engaging with Iran’s airline sector risk losing access to the global financial system. The sanctions were reported by an unknown source.