US to shut down Iranian airlines access to landing spots, ticket sales, treasury secretary says

U.S. Treasury Secretary Scott Bessent revealed on Thursday that America will move to cut off Iranian airlines' access to landing rights, refueling services, and ticket sales. This action is a component of the broader American economic strategy targeting the Islamic Republic.

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the Iranian economy and currency are in free fall

Bessent stated on X/Twitter that "the Iranian economy and currency are in free fall," referencing the ongoing U.S. blockade on Iranian ports along the Strait of Hormuz. He suggested that "only a satisfactory outcome in negotiations will end the downward spiral." The Treasury Secretary also criticized Iran’s Persian Gulf Strait Authority (PSGA), calling it a "joke" and detailing recent counterterrorism sanctions against the entity responsible for managing vessel movement through the Strait of Hormuz.

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Only a satisfactory outcome in negotiations will end the downward spiral

Further clarifying the U.S. stance, Bessent issued another statement warning that the U.S. "will not tolerate any effort to impose a tolling system in the Strait of Hormuz." He indicated that America would "aggressively target" any entities involved in facilitating such tolls. President Donald Trump had previously threatened to "blow Oman up" if the country interfered with the Strait, stating, "Oman will behave like everybody else, or we’ll have to blow them up."

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We have warned any corporate or state entities against paying tolls or hiding them as aid payments