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US Treasury sanctions six entities linked to Iran’s Mahan Air, expanding pressure on military procurement networks
['Editorial Team']
News Archives - Crypto Briefing
The US Treasury just added six more names to its ever-growing sanctions list, this time targeting entities and individuals across four countries tied to Iranian airline Mahan Air.
Mahan Air has been on Washington’s naughty list since October 12, 2011.
Among those named were Sepehr Kaveh Kish, described as an owner and controller of Mahan Air, along with Mohammad Hossein Mahdian and a company called Chabok FZCO.
In 2020, the agency designated UAE-based Parthia Cargo and Delta Parts Supply FZC for providing parts and logistics support to Mahan Air.
Investors in aerospace, defense, and international logistics companies should pay particularly close attention.