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US threatens to ground Iranian airlines worldwide from Wednesday

4 hours ago
  • US Treasury Secretary Scott Bessent announced that Iranian airlines could be grounded worldwide from September 23 if foreign companies continue servicing them.
  • The warning targets airports, fuel suppliers, and ticketing companies, threatening them with exclusion from the US dollar system.
  • The measures are part of a broader US sanctions campaign aimed at isolating Iran from the international financial system.
  • China has been 'very engaged' in talks with the US regarding compliance with sanctions on Iran.