US sanctions target Mahan Air directly, cutting off its access to global finance and aviation.
The United States announced additional sanctions against Iran on Tuesday (September 8), targeting 27 Iranian airlines, including Mahan Air, and related companies in Turkey, the United Arab Emirates, Malaysia, and Kazakhstan, to cut off Iran's connections to global trade and finance. The US Treasury also ordered financial institutions to report procurement networks supporting Iran's aviation industry, and suspended three aviation licenses that permitted flights through Iranian airspace and the entry of US-made aircraft into Iran, which will affect flights from Dubai, Doha, and Istanbul. The measures are part of "Operation Economic Outcast," led by President Donald Trump, to increase pressure on Iran to ease its control over the Strait of Hormuz. Treasury Secretary Scott Bessent warned that those doing business with Iranian airlines risk being cut off from the global financial system.
US sanctions target Mahan Air directly, cutting off its access to global finance and aviation.