Overview
- The U.S. Treasury and State Department designated six entities and individuals on July 30, 2026, saying they supported Mahan Air and an IRGC‑linked front company that helped with targeting and logistics.
- Named targets include China’s Shanghai Wings International Logistics Co and Shanghai Elite International Travel Co, China‑based executive Tang Xin, Russia’s Air Cargo Pro Limited, India’s Skiez Travels and Logistics Private Limited, and Tehran‑based DadeNegar Startup Studio.
- Officials said the designations rely on legal authorities such as Executive Order 13224 and NSPM‑2, freeze any U.S.‑controlled assets, bar U.S. persons from dealing with the listed parties, and expose foreign banks to possible secondary sanctions for significant transactions.
- Treasury framed the steps as part of a broader campaign to break Iran’s missile and UAV procurement and logistics networks, and no digital‑asset wallets or blockchain evasion were identified in the new listings.
- The action builds on long‑running pressure on Mahan Air, which was first sanctioned by OFAC in 2011 and by the EU in 2024, and it raises compliance risks across global aviation, travel agents, freight services and financial institutions that work with those markets.