Bessent says Iranian airlines will be shut down from Sept. 23 as oil prices rise
U.S. Treasury Secretary Scott Bessent said in a CNBC interview that all Iranian airlines would be effectively shut down starting Sept. 23, warning that any party providing fuel, landing services, or ticket sales to those carriers could be cut off from the U.S. dollar system. His remarks followed the Treasury Department’s Sept. 8 sanctions action, which targeted 36 entities, including 27 Iranian airlines such as Mahan Air and companies handling cargo and ticketing services for the carrier. Bessent said Washington was applying pressure on Iran with what he described as an unprecedented level of force and was also moving against facilitators worldwide, including banks. CNBC noted that the Treasury last week sanctioned Russia’s state-owned VTB Bank as part of a broader effort to isolate Iran’s economy by targeting its commercial partners and financial backers. Oil moved higher after Bessent’s comments, while traders also watched diplomatic signals tied to Iranian President Pezeshkian’s trip to New York for the U.N. General Assembly and fresh tensions involving the Houthis and key maritime chokepoints.








