Market brief · Economy & rates

U.S. Threatens to Ground Iranian Airlines Worldwide

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,” Bessent told CNBC in the latest…