BREAKING NEWS

US imposes Iran-related sanctions on UAE-based companies, individual

The United States on Wednesday imposed sanctions on two UAE-based companies, accusing them of providing support to US-blacklisted Mahan Air.

In a statement, the US Treasury Department said it blacklisted UAE-based Parthia Cargo and Delta Parts Supply FZC for providing key parts and logistics services for Iranian airline Mahan Air.

It also imposed sanctions on Amin Mahdavi, an Iranian national based in the United Arab Emirates, for owning or controlling Parthia Cargo, it said.