US Treasury Sanctions 36 Individuals and Entities Supporting Iran’s Aviation Sector
JH Kim
Summary
- The US Treasury Department said it added 36 individuals and entities that supported Iran’s aviation sector to its sanctions list.
- The Treasury warned that companies that continue doing business with Iranian airlines could become targets of US sanctions.
- It also said firms that maintain those dealings risk losing access to the global financial system.
Forecast Trend Report by Period
The US Treasury Department has added 36 individuals and entities that supported Iran’s aviation sector to its sanctions list.
Cointelegraph, a cryptocurrency-focused media outlet, reported on September 8 that the sanctions targeted a network backing Iran’s aviation sector and covered 36 individuals and organizations in total.
The Treasury warned that companies that continue doing business with Iranian airlines could become targets of US sanctions.
It added that firms maintaining those dealings risk losing access to the global financial system.
JH Kim
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