U.S.-Iran Updates: Trump says Iran to "get a beating" as war expands with U.S.-Saudi strikes in Iraq - CBS News
The U.S. has imposed new sanctions on Iran's Mahan Air and associated Chinese companies for supporting military operations. Meanwhile, a Senate vote to limit President Trump's war powers failed, and the NBA canceled preseason games in Abu Dhabi due to regional instability.
Why it matters
These developments highlight the escalating geopolitical tensions between the U.S. and Iran, impacting international diplomacy, trade, and global sports events.
The U.S. Treasury has sanctioned Mahan Air, Iran's biggest airline, in its latest round of financial punishments against the country.
"Although Mahan Air presents itself as a civilian carrier, it has long played a central role in enabling the Islamic Revolutionary Guard Corps (IRGC), providing travel services for IRGC‑Qods Force personnel, facilitating military training, and supporting Iran's procurement and transport of unmanned aerial vehicle (UAV) systems and weapons," the Treasury said in a statement Thursday.
The sanctions also target several, mostly Chinese-based, companies who do business with Mahan Air, including Shanghai Wings, which the U.S. said has "coordinated the transport of electronics from China to Iran." Tang Xin, the company's managing director, has also been sanctioned.
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