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US Treasury removes three Iran-linked entities from sanctions list
The US Treasury Department announced it has lifted sanctions on three entities said to be linked to Iran's Revolutionary Guards.
Scraper SystemUpdated:
The US Treasury Department announced that sanctions on three entities said to be linked to Iran's Islamic Revolutionary Guard Corps (IRGC) have been lifted.
According to Reuters, the US Treasury Department published the decision on the entities removed from the sanctions list, but did not provide a detailed explanation for the lifting of sanctions.
The decision came at a time when diplomatic contacts between Washington and Tehran are ongoing and efforts to reshape relations between the two countries continue. Additional explanation from the US administration regarding the scope of the sanctions and the background of the decision is expected.
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