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US threatens to ground Iranian airlines worldwide from Wednesday

Treasury Secretary says airports and companies servicing Iranian carriers risk being cut off from the US dollar system.

US Treasury Secretary Scott Beissinger declared that all Iranian airlines will suspend operations globally starting September 23, as reported by CNBC. Beissinger provided no timeline for the duration of the conflict with Iran. He mentioned that China is actively supporting the US campaign against Iran. The Treasury Secretary also touched upon discussions with China, stating that some concrete results had been achieved.

Beissinger elaborated on economic matters and artificial intelligence discussions with Chinese officials during the talks. He announced the establishment of a dedicated communication channel between the United States and China to address AI-related incidents. Both countries also delved into the process of economic decoupling with China.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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