The U.S. Department of the Treasury announced sanctions on six entities and individuals across China, India, Russia, and Iran for supporting Iranian airline Mahan Air and the Islamic Revolutionary Guard Corps (IRGC).
The Office of Foreign Assets Control (OFAC) said the targets include several companies operating as general sales agents for Mahan Air, which is already under U.S. and European Union sanctions. Treasury said the airline, though presented as a civilian carrier, has long supported the IRGC by providing travel for IRGC-Qods Force personnel, facilitating military training, and aiding the movement of unmanned aerial vehicle systems and weapons.
“Those who provide financial services, logistics, or commercial support to the IRGC or Mahan Air are helping sustain a terrorist enterprise,” Secretary of the Treasury Scott Bessent said in a statement announced July 30, 2026. “Treasury will continue to identify them, expose them, and cut them off from the U.S. financial system.”
OFAC said the action is being taken under Executive Order 13224, as amended, and in furtherance of National Security Presidential Memorandum 2, which directs the U.S. government to deny the IRGC access to assets and resources supporting its activities.
General Sales Agents Targeted
China-based Shanghai Wings International Logistics Co is being designated for acting as a general sales agent for Mahan Air and coordinating the shipment of electronics from China to Iran, according to Treasury. Tang Xin, a Chinese national who serves as managing director of Shanghai Wings, has coordinated travel for Mahan Air, the agency said.
Tang Xin is also the executive director and 50% owner of Shanghai Elite International Travel Co, another China-based firm that represents Mahan Air in China. Shanghai Elite is being designated for being owned or controlled by Tang Xin.
Treasury also designated India-based Skiez Travels and Logistics Private Limited and Russia-based Air Cargo Pro Limited, which serve as general sales agents for Mahan Air in their respective countries.
IRGC Front Company
OFAC additionally designated DadeNegar Startup Studio, described by Treasury as an IRGC-affiliated front company that supports military targeting through a website. According to the agency, DadeNegar solicited locations of American and Israeli equipment to assist Iranian military targeting and, in coordination with the IRGC, received strike requests for U.S. targets in the Middle East.
Sanctions Effects
Treasury said all property and interests in property of the designated persons that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. Entities owned 50% or more by blocked persons are also blocked.
The agency warned that violations of U.S. sanctions may result in civil or criminal penalties and that foreign financial institutions conducting significant transactions with the designated persons may face secondary sanctions.
Mahan Air was designated by OFAC in October 2011 for providing support to the IRGC-Qods Force, which was itself designated in October 2007.
Provided by Dallas Express
