Treasury Secretary Scott Bessent announces shutdown of Iranian airline access under Economic Fury campaign

May 28, 2026, 12:58:46 PM UTC(3 hours ago)

Impact: High

Affected Assets

The U.S. Treasury is targeting Iranian airlines as part of a broader financial stranglehold to deprive the regime of revenue for military and nuclear programs
Sanctions include shutting down access to landing spots and refueling services while prohibiting ticket sales for major Iranian carriers
Treasury Secretary Scott Bessent stated that these measures are part of the Economic Fury campaign designed to leave the Iranian regime desperate for cash
The move coincides with new sanctions on the Persian Gulf Strait Authority following Iranian attempts to extort global maritime trade
Secondary sanctions may be imposed on foreign financial institutions that continue to facilitate commerce with these restricted Iranian entities

BESSENT: WE WILL BE SHUTTING DOWN BOTH IRANIAN AIRLINES’ ACCESS TO LANDING SPOTS, REFUELING, AND TICKET SALES.