VTB News & Analysis

U.S. to Shut Down Iranian Airlines from Sept. 23, 2026

U.S. Treasury Secretary Scott Bessent announced that all Iranian airlines will be shut down starting September 23, 2026. The U.S. plans to prevent these airlines from accessing fuel, landing services, and ticket sales, which will impact their operations significantly. This move is part of broader efforts to economically isolate Iran, including sanctions on VTB Bank, a major Russian financial institution. For ordinary investors, this development may affect oil supply routes and prices due to increased tensions in the region, particularly around key choke points like the Bab el-Mandeb Strait.