US warns firms against dealings with Iranian airlines, threatens sanctions amid rising tensions

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Businesses engaging with Iranian airlines already under US sanctions could face significant penalties, Treasury Secretary Scott Bessent said on Monday, as Washington sharpens its economic pressure campaign against Tehran amid the ongoing conflict involving the United States and Israel. According to a post on X, Bessent warned that engaging in business with the Iranian companies listed on the blacklist might expose firms to US sanctions, reiterating the administration’s resolve to discontinue any funding or cooperation with such organisations. He viewed this warning as part of a broader strategy to pressure by targeting domestic as well as international businesses that maintain…