Commodities September 2, 2026 08:16 AM

U.S. Signals Possible Sanctions on Airlines, Shipping and Crypto in Iran Pressure Campaign

Treasury Secretary warns against supporting Tehran as administration weighs measures against aviation leasing, maritime firms and digital assets

By Hana Yamamoto
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U.S. Treasury Secretary Scott Bessent said the Trump administration is considering targeting airlines, the maritime sector and digital assets as part of efforts to tighten economic pressure on Iran. Speaking after a G20 meeting in North Carolina, Bessent urged countries and firms to refrain from supporting Tehran, and indicated further steps - including possible sanctions on airline leasing companies and additional Iran bank restrictions - may be imminent.

U.S. Signals Possible Sanctions on Airlines, Shipping and Crypto in Iran Pressure Campaign
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Key Points

  • Treasury Secretary Scott Bessent said airlines, the maritime industry and digital assets could be targeted as part of U.S. efforts to pressure Iran - impacting aviation, shipping and crypto-related sectors.
  • Bessent urged all parties to avoid supporting Tehran, stating the quickest path to ending the conflict is for no one to provide assistance to the regime - a diplomatic push affecting countries, firms and financial actors.
  • The administration may move to sanction airline leasing companies and is considering additional Iran bank sanctions this week - actions that would directly affect banking and aircraft leasing markets.

WASHINGTON, Sept 2 - U.S. Treasury Secretary Scott Bessent said on Wednesday that airlines, the maritime industry and digital assets could become targets as the administration pursues its plan to squeeze Iran's economy.

Bessent made the remarks in an interview on Fox News following a G20 gathering in North Carolina this week, and he used the platform to caution "everyone" against offering support to Tehran. "My message to everyone is stay away. We all want this conflict to end, and the fastest way for the conflict to end is for no one to provide any support to this regime," he told "Fox & Friends."

The secretary said the administration is engaging in "very fulsome talks with anyone supporting the regime," a comment that underscores the U.S. push to dissuade third parties from providing resources or services to Iran.

Bessent's warning came one day after Russian President Vladimir Putin publicly threw his support behind Iran. In that context, the Treasury secretary reiterated the broader appeal to avoid backing Tehran and flagged a range of sectors that could face scrutiny or restrictions.

On Tuesday, Bessent indicated the administration could extend its focus to airline leasing companies. He also said more sanctions directed at Iranian banks could be announced this week, signaling additional financial measures under consideration.

The combination of potential actions - from financial penalties on banks to targeting aviation leasing arrangements, maritime operators and digital asset flows - illustrates a multi-pronged approach the administration is weighing. Bessent's statements emphasize both an active diplomatic effort to persuade external supporters to disengage and the possibility of targeted measures aimed at specific industries.


Contextual note: The remarks reflect current statements by the Treasury secretary following the G20 discussions and subsequent interviews, and they identify sectors under consideration for potential U.S. actions.

Impacted sectors may include:

  • Airlines and aircraft leasing companies
  • Maritime and shipping operators
  • Digital assets and related service providers
  • Banks with Iran exposure

Risks

  • Potential sanctions on airlines and airline leasing companies could disrupt aviation financing and operations - a risk for airlines, lessors and related capital markets.
  • Possible measures targeting the maritime industry and digital assets create uncertainty for shipping firms and crypto service providers that have ties to, or process transactions for, Iranian counterparties.
  • The administration's warning to all supporters, alongside reports of foreign backing for Tehran, raises uncertainty about the effectiveness of diplomatic engagement and the potential for further escalation driven by additional sanctions.

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