US-Iran War LIVE: US threatens Iran airlines with shutdown; oil prices edge higher
US-Iran War LIVE: Oil prices edge higher as markets await possible talks between Trump and Iran's Pezeshkian at the UN. Houthis intensify attacks on Saudi Arabia as Aramco boosts crude shipments through the Strait of Hormuz.
The US has threatened to terminate Iran's airline services, potentially shutting them out of international travel from September 23. Secondary sanctions could affect foreign airports, fuel suppliers, and ticketing companies that continue to serve Iranian airlines. Iranian-aligned Houthis are advancing towards strategic heights in Yemen's Taiz and Lahij provinces, aiming to control the Red Sea coast and disrupt Saudi oil exports.
US Treasury Secretary Scott Bessent announced that Iran's airlines may be effectively barred from international travel due to potential secondary sanctions against foreign companies aiding the carriers. The Trump administration proposed a $5 billion fund to rebuild critical infrastructure damaged during the Iran conflict and decrease regional reliance on the Strait of Hormuz.
Vessels in the Strait of Hormuz have been attacked by projectiles or debris, with one LPG tanker hit and another sustaining minor crew injuries.
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Also reported by 4 other outlets
- US-Iran War Live News Updates: All Iranian airlines to be shut down worldwide on Sept 23: US official Bessent indianexpress.com
- Iranian airlines to be cut off from global system as US Treasury announces secondary sanctions jpost.com
- ICAC Operation Rosny LIVE updates: Former AFP officer, private investigator Shane De Kauwe to give evidence theage.com.au
- ICAC Operation Rosny LIVE updates: Former AFP officer, private investigator Shane De Kauwe to give evidence smh.com.au
