US to Shut Down Iranian Airlines Sept 23 Amid Sanctions Escalation

US Treasury Secretary Scott Bessent announced Iranian airlines will be globally shut down by September 23 due to American sanctions, intensifying pressure on Tehran amid the ongoing US-Israel war. Airlines will be denied fuel and services, with non-compliance leading to exclusion from the dollar system. This escalation follows earlier sanctions and the conflict which has seen Iran block the Strait of Hormuz, causing global oil prices to surge. This heightened geopolitical tension could boost safe-haven demand for gold and potentially impact crude oil prices, influencing USD/PKR.

بحوالہ / Source: www.brecorder.com