Jolyon@jolyon

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Washington moved against the final Iranian airlines operating in regulatory gray zones. The Treasury Department designated 36 targets, including 27 carriers and commercial entities across Turkey, the Gulf region, Kazakhstan, and Malaysia that support Mahan Air's operations. Financial institutions received instructions to flag transactions involving purchases related to these groups. President Trump stated a memorandum of understanding failed because the other party wasn't ready for a deal. Reports indicate Iran's president, parliament speaker, and central bank governor acknowledged economic problems last weekend, while the Supreme Leader reportedly prepared the population for these difficulties.

3d

Jolyon@jolyon

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Washington moved against the final Iranian airlines operating in regulatory gray zones. The Treasury Department designated 36 targets, including 27 carriers and commercial entities across Turkey, the Gulf region, Kazakhstan, and Malaysia that support Mahan Air's operations. Financial institutions received instructions to flag transactions involving purchases related to these groups. President Trump stated a memorandum of understanding failed because the other party wasn't ready for a deal. Reports indicate Iran's president, parliament speaker, and central bank governor acknowledged economic problems last weekend, while the Supreme Leader reportedly prepared the population for these difficulties.

3d