US Treasury Secretary Bessent says all Iranian airlines to shut down worldwide by September 23
US Treasury Secretary Scott Bessent said that Iranian airlines could effectively be shut out of international travel from September 23, as the United States threatens foreign companies with secondary sanctions if they continue servicing the country’s carriers, Aljazeera news agency reported.
US Treasury Secretary Scott Bessent announced on Monday that all Iranian airlines will be shut down globally from September 23. The US Treasury Secretary made the announcement in response to Iran's ongoing war with the US. Bessent stated that if any foreign companies continue to serve Iranian airlines after the shutdown, they will be cut off from the dollar system, including fuel, landing services, and ticket sales.
This move is part of the US administration's escalating economic pressure on Tehran. Currently, the WTI Oil price is $92.18, with West Texas Intermediate (WTI) being a benchmark for the Oil market, and its value being influenced by global growth, supply and demand, OPEC decisions, and the US Dollar's strength or weakness.
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