Cut ties with Iranian airlines or face sanctions: US escalates ‘maximum pressure’ with new warning to global firms

In an escalation of its “maximum pressure” campaign, the Trump administration has warned global companies and foreign governments of tough sanctions if they continue doing business with Iranian airlines. US Treasury Secretary Scott Bessent announced the move on Monday, further tightening the economic noose around Tehran as geopolitical tensions in West Asia reach a boiling point. ‘Economic fury’: The new sanctions framework Under a policy Secretary Bessent described as “Economic Fury,” the US Treasury is targeting the logistical and financial lifelines that keep Iran’s civil aviation sector operational. The warning extends beyond direct trade to include any third-party facilitation of…