The US on Tuesday issued 36 fresh Iran-related sanctions targeting Iran’s aviation sector and other companies as part of a broad push to escalate economic pressure on Tehran as the war in the Middle East entered a seventh month.
The US Treasury Department said the action was aimed at grounding Iran’s Mahan Air, already sanctioned by the US and the European Union, and all other Iranian airlines.
The sanctions also took aim at covert front companies, foreign intermediaries and deceptive...