Iranian President Masoud Pezeshkian has conveyed that Tehran has “adopted a new arrangement” to navigate the challenging economic landscape as the United States enacts stricter sanctions. In a recent post shared on X, Pezeshkian described these measures as essential in light of increasing economic pressures imposed by the US on Iran’s financial and commercial sectors.

Pezeshkian further alleged that adversarial nations, chiefly the US, aim to sever the critical economic lifelines of the Islamic Republic, thereby exerting additional pressure on the Iranian populace. He claimed that despite the elevated economic strains, both governmental initiatives and the backing of the Iranian public have so far thwarted the adversaries’ objectives.

The president’s comments highlight a sense of resilience within the Iranian leadership, asserting that their strategy has successfully mitigated the impact of external pressures. Pezeshkian stressed that the new arrangement seeks to effectively manage these challenging conditions and maintain support and stability for the country amidst an ongoing economic struggle.

Details of the US Sanctions Campaign

The timing of Pezeshkian’s remarks coincides with an intensified campaign of sanctions by the United States, which has been targeting Iran’s economy and its supporting networks. The US Department of the Treasury initiated “Operation Economic Outcast” in August, labelling it a comprehensive economic initiative intended to undermine Iran’s financial systems.

US Treasury Secretary Scott Bessent stated that officials were dispatched internationally to persuade various nations to act against Iran. The objective of this operation is to dismantle the economic frameworks that sustain both the Iranian government and the Islamic Revolutionary Guard Corps (IRGC), which the US considers as a state sponsor of terrorism.

This campaign includes a thorough examination of Iran’s financial networks, facilitators, and conduits that contribute to the smuggling of oil, evasion of sanctions, and funding of illicit activities. The US Treasury is committed to targeting any revenue streams that funnel into Iran’s regime and its affiliated military organisations.

Impact on Iran’s Aviation Sector

The scope of the US sanctions has expanded to encompass Iran’s aviation industry. The US has cautioned foreign firms and service providers against risks of secondary sanctions should they continue to engage with Iranian airlines. This sector has already been heavily affected by previous sanctions, limiting Iranian carriers’ access to new aircraft, spare parts, and maintenance services.

Last month, additional sanctions were imposed on Iranian airline companies previously untouched by sanctions, along with international businesses accused of supporting Iran’s aviation sector. These measures illustrate the comprehensive approach of the US in targeting various aspects of Iran’s economic infrastructure.

The sanctions regime extends beyond aviation, affecting multiple sectors including energy, shipping, technology, and digital assets. The concerted effort by the US aims to systematically undermine Iran’s economic capabilities by restricting its financial channels across various industries.

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