US Sets September 23 Deadline to Shut Down Iranian Airlines Globally
Iranian airlines will be shut down globally by September 23, the US Treasury has said, warning that non-compliant countries could be cut off from the dollar system.
The United States has set a September 23 deadline for the global shutdown of Iranian airlines, with Treasury Secretary Scott Bessent warning that entities failing to comply could be pushed out of the dollar system.
Under the measure, countries that permit Iranian aircraft to land on their territory may face secondary sanctions. The penalties could extend to exclusion from dollar-denominated transactions, according to the announcement.
The move tightens pressure on Iran's aviation sector by targeting not only Iranian carriers but also the foreign states and operators that facilitate their flights. Secondary sanctions of this kind are designed to deter third parties from doing business with sanctioned entities by threatening their access to the US financial system.
The deadline gives international carriers, airports and governments a defined window to wind down any remaining dealings with Iranian airlines or risk being locked out of dollar-based trade and finance.
No further details on the scope of the restrictions or the specific airlines covered were provided in the announcement.