US military strikes damaged Iranshahr Airport in Iran’s southeastern Sistan and Baluchestan province, injuring at least one civilian and rattling an already fragile geopolitical landscape. The airport, which serves both civilian flights and Iran’s Islamic Revolutionary Guard Corps Aerospace Force, was hit by at least one US projectile, according to Iranian state TV.
For crypto markets, the kinetic action is only half the story. The other half involves a parallel financial offensive: expanded US sanctions targeting Iran’s largest cryptocurrency exchanges, with over $130 million in digital assets frozen so far.
The military picture and its dual-use target
The strikes on Iranshahr Airport came during a broader US campaign that has targeted nearly 90 military sites across Iran. One fatality has been confirmed, a local firefighter. The airport’s dual-use nature, serving both civilian passengers and IRGC operations, made it a target that blurs the line between military infrastructure and civilian life.
This escalation follows the collapse of a June 2026 Memorandum of Understanding between Washington and Tehran that was supposed to de-escalate hostilities. The Sistan and Baluchestan province sits in Iran’s far southeast, bordering both Pakistan and Afghanistan.
