U.S. Threatens to Ground Iranian Airlines Worldwide
Soaring Oil and Gas Prices Push Europe’s Inflation Fight Into 2027 What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… U.S.
Treasury Secretary Scott Bessent threatened Iranian airlines with a “shut-down” from tomorrow, by means of airports refusing to refuel them and sell tickets, in the latest verbal escalation in the U.S.-Iran war, despite reported efforts to achieve peace amid soaring energy commodity prices.
“How do we do that? That if they land, you cannot provide them with fuel.
You cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system,” BessenttoldCNBC in the latest U.S.
The threat comes amid hopes this week’s General Assembly gathering in New York would produce some progress towards peace between Washington and Tehran.
The hopes were sparked by the news that Iran will send a delegation to the UN, to be headed by the country’s president, Masoud Pezeshkian.
They pushed oil prices lower last week and on Monday before the benchmarks reversed course, mostly on short-covering, according to energy analysts.
The Treasury Secretary’s threat to airlines, however, demonstrates that the U.S.
is not really willing to make concessions but would rather increase the pressure on Iran to force it to the negotiating table.
Indeed, Bessent added that the United States was pressuring Iran “like never before.” Bessent’s statements echoed comments made by President Trump over the weekend that the only way for the war to end was “wiping Iran out,” or letting its economy “rot”, per a Fox Newsinterview.
Iran, meanwhile, warned of an imminent U.S.
attack that also involved allied nations, and said it would respond aggressively.
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