US Treasury's Removal of Iran-Related Sanctions Measures Does Not Represent Policy Shift

TechFlow news, August 5, according to Fox News, it was reported that the U.S. Treasury Department removed Iran-related sanctions from its website. A Treasury official stated, "This does not represent any change in U.S. policy toward the Iranian government, the IRGC Quds Force, any designated terrorist organization, or their supporters or proxies. Today's removal is part of routine administrative procedures and was conducted after reviewing specific circumstances related to Fly Baghdad."

Previously, the official website of the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) published "Update on Revocation of Counter-Terrorism Designations," lifting some Iran-related sanctions, including removing Fly Baghdad from the sanctions list. Fly Baghdad was previously listed on the counter-terrorism sanctions list due to its association with the Iranian Islamic Revolutionary Guard Corps Quds Force.