US Treasury chief claims success in isolating Iran
Scott Bessent hails recent restrictions targeting the country's airlines and banks.
US Treasury Secretary Scott Bessent has claimed success in his efforts to economically isolate Iran, having engaged with over 50 countries to pressure them into taking action against the Iranian regime. Bessent highlighted recent actions by Turkey and Oman, which have halted incoming flights from private carrier Mahan Air, and the UAE, which has ceased all flights by Iranian airlines.
Additionally, the UAE central bank blocked transactions to and from Iran by branches of Iran's Bank Melli, while Turkey revoked the license of Iran's Bank Mellat. These moves are part of what Bessent refers to as an "economic D-Day" on Tehran. Despite these efforts, smaller Iranian carriers continue to operate international routes, particularly to China, which is resisting US pressure.
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