U.S. Treasury Sanctions Global Networks Supporting Iran's Mahan Air and IRGC

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-30
Category: us
Source: U.S. Department of the Treasury

On July 30, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated six entities and individuals across China, India, Russia, and Iran. These designations target companies acting as general sales agents for Mahan Air, an Iranian airline that the U.S. alleges plays a central role in enabling the Islamic Revolutionary Guard Corps (IRGC) by facilitating the movement of weapons, operatives, and military equipment worldwide. This action aims to intensify economic pressure on the Iranian regime and the IRGC.

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