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U.S. Treasury: Iranian Airlines to Stop Flights on September 23
U.S. Treasury Secretary Scott Biesent announced that all Iranian airlines will cease operations starting September 23, due to Washington's threat to impose secondary sanctions on those dealing with them. These sanctions include a ban on fuel providers, ground services, and ticket sales. He explained that such measures could prevent the companies from accessing the U.S. dollar-based financial system, and that China is in discussions with the United States regarding compliance with these sanctions. He also confirmed that U.S. interest rates may decrease after the conclusion of the conflict in the Middle East, as markets anticipate the war's impact on inflation and energy prices.
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