The US Treasury Department has imposed sanctions on six entities and individuals across China, India, Russia, and Iran for providing financial, logistical, and commercial support to the Islamic Revolutionary Guard Corps (IRGC) and Mahan Air.
Treasury Secretary Scott Bessent stated that those facilitating these operations are "helping sustain a terrorist enterprise," highlighting Washington's focus on disrupting the supply chains that enable Iran's military and aviation capabilities.
The sanctions target networks accused of sustaining Mahan Air, which the US government alleges has long facilitated the movement of military personnel and equipment.
By extending the reach of these measures to entities in major economies like China and India, the administration signals an intensification of its strategy to isolate Iran's defense infrastructure from global commercial systems.
This development arrives as US Treasury yields are already under pressure from broader macroeconomic uncertainty.
Earlier today, yields climbed following ambiguous comments from Federal Reserve Governor Lisa Cook regarding the outlook for monetary policy.