US sanctions 36 companies in Iranian aviation sector over weapons transfers

The US Treasury Department announced on Tuesday that it is imposing sanctions on 36 companies operating within the aviation sector. These entities are accused of utilizing civilian aviation operations to transport weapons, personnel, and illicit cargo on behalf of the Iranian regime. According to the report, some of these companies are alleged to have served as covert fronts for other sanctioned entities. The targeted firms are located across the Middle East, with a significant number based in the UAE, Egypt, and Turkey. Furthermore, the US is blocking non-US airlines from operating US-origin or US-controlled commercial aircraft into Iran. Treasury Secretary Scott Bessent stated that under 'Operation Economic Outcast,' the US intends to sever the financial lifelines of the regime and the IRGC by cutting off all sources of financing, including those within the aviation sector.