The United States has announced that Iranian airlines will be banned from operating globally starting September 23 as part of efforts to increase economic pressure on Iran. Scott Bessent, the U.S. Treasury Secretary, said in an interview with CNBC that after this date, Iranian airlines will not be able to fly anywhere in the world. This decision is part of a broader strategy to isolate Iran economically by targeting its aviation sector. Bessent explained that new "secondary sanctions" will be enforced against companies that provide services to Iranian airlines. These sanctions mean that if an Iranian airline lands at any airport worldwide, it will not be able to receive fuel, landing services, or ticket sales. This is because participating in such transactions would exclude these companies from the U.S.-dominated global financial system, which relies heavily on the U.S. dollar. The U.S. is also engaging in discussions with Chinese officials to ensure compliance with these sanctions. Talks are ongoing with Pan Gongsheng, the governor of China's central bank, the People's Bank of China. The U.S. is seeking cooperation to prevent Chinese financial institutions from facilitating transactions that could support Iran's aviation industry. However, specific details of these discussions have not yet been made public. This move is part of a long-standing U.S. policy aimed at limiting Iran’s ability to engage in international trade and finance. By targeting key sectors like aviation, the U.S. hopes to further weaken Iran's economy and deter its involvement in activities that the U.S. considers destabilizing. More updates on this matter are expected soon from BFM Business.