Politics
US Treasury deploys teams worldwide to isolate Iran's economy
September 27, 2026 at 02:27 AM
Washington has escalated its campaign to isolate Iran, with Treasury teams sent worldwide to press partners on Iranian banks and airlines.
- Treasury Secretary Scott Bessent announced teams were dispatched to countries worldwide to urge action against Iran's banks and airlines.
- Treasury official Jonathan Burke completed a two-week tour of the Middle East and Europe; Treasury held talks with representatives of over 50 countries.
- Bessent said all Iranian airlines would cease operating from September 23, warning that refueling, landing services, or ticket sales would disqualify violators from the dollar system.
- Iran's President Masoud Pezeshkian acknowledged the sanctions' impact but said Iran will not respond to American pressure.