The US Treasury has intensified pressure on networks supporting Mahan Air in the UAE and Turkey.
The US Treasury Department has announced that it has implemented new measures against networks, companies, and intermediaries in the UAE and Turkey that Washington accuses of supporting Mahan Air. In the recent sanctions package, companies in the UAE and Turkey have been targeted for allegedly helping with the transfer of aircraft, providing logistical services, and supporting Mahan Air’s activities. The Treasury Department has also warned that foreign financial institutions that knowingly conduct significant transactions for sanctioned individuals and companies may face secondary US restrictions. Washington says these measures are part of a broader economic pressure campaign against Iran and aim to limit the Iranian aviation sector’s access to international financial networks and services.