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U.S. Targets Global Network Supporting Mahan Air With New Sanctions

Treasury says the step aims to choke off channels that let Iran’s IRGC move personnel, weapons, drones.

Overview

  • The U.S. Treasury designated six entities and individuals on Thursday, July 30, 2026, in China, India, Russia and Iran for acting as sales agents and service providers for Mahan Air.
  • The package also sanctions an IRGC-linked front company that Treasury says supported Iran’s "kinetic targeting" during the war.
  • U.S. officials say Mahan Air has long been used to transport IRGC personnel, weapons and drones, and the new measures focus on cutting the airline’s overseas procurement and travel channels.
  • Sanctions freeze any assets the designated parties hold under U.S. control, bar Americans from dealing with them, and warn foreign banks that knowingly facilitate significant transactions of possible secondary sanctions.
  • The action follows reports of a drone strike near Damietta, Egypt, that raised concerns about risks to Suez Canal traffic and could increase demands for international enforcement and cooperation to disrupt Iran-linked logistics.