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US Sanctions Networks Supporting Iran's Mahan Air After Drone Strike

7/31/2026

Summary

Story summary

U.S. Treasury on Thursday issued sanctions targeting global networks that support Iranian carrier Mahan Air.
The measures designate six entities and individuals in China, India, Russia and Iran—including sales-agent firms—and target networks moving Revolutionary Guard personnel, weapons, drones, and an IRGC front company for kinetic targeting.
The sanctions follow a drone strike on gas vessels in Egypt’s Damietta port that raised concerns about Suez Canal navigation and Saudi oil exports.

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Story summary

U.S. Treasury on Thursday issued sanctions targeting global networks that support Iranian carrier Mahan Air.
The measures designate six entities and individuals in China, India, Russia and Iran—including sales-agent firms—and target networks moving Revolutionary Guard personnel, weapons, drones, and an IRGC front company for kinetic targeting.
The sanctions follow a drone strike on gas vessels in Egypt’s Damietta port that raised concerns about Suez Canal navigation and Saudi oil exports.