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US Announces Escalation of Financial Pressure Against Iran

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Scott Bessent, the US Secretary of the Treasury, has announced targeted financial measures against banks and aviation service providers under what he called an “economic exclusion operation.”

Bessent said on X (Twitter) on Saturday, September 26, that teams from the Treasury have been dispatched to various countries to encourage governments to impose economic pressure and measures against Iran.

According to the US Treasury Secretary, Turkey and Oman have announced the suspension of Mahan Air flights, and the United Arab Emirates has halted all flights of Iranian airlines.

Bessent also claimed that major commercial banks in the UAE and Turkey have stopped conducting financial transactions with Iran. He cited Iran’s economic situation and the depreciation of the rial as consequences of economic pressure.

The US Treasury Secretary expressed gratitude for the cooperation of the UK, Turkey, Oman, and the UAE, and said Washington will continue working with these countries to impose further measures against Tehran.

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