US House passes bill to block commercial aircraft sales to Iran

‘The US House of Representatives has voted to bar the sale of commercial Boeing and Airbus airplanes to Iran.
On Thursday, the Republican-controlled House voted 243-174 to pass the legislation to prohibit the Treasury Department from issuing the licenses US banks would need to complete the transactions.
The measure would also revoke previously enacted authorities enabling aircraft sales to the Islamic Republic. The bill must now clear the Senate.
The move comes about two months after the US Treasury’s Office of Foreign Assets Control granted Airbus and Boeing permission to sell airplanes to Iran in a multibillion-dollar deal.’
Read more: US House passes bill to block commercial aircraft sales to Iran

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