U.S. Treasury Explains Iran Sanction Lift
The U.S. Department of the Treasury temporarily lifted sanctions on "Fly Baghdad" and two of its aircraft after an administrative review, without any change to U.S. policies toward Iran or organizations associated with it. The Treasury confirmed that this step was a result of significant changes demonstrated by the company in its operations. Additionally, the bank once again removed sanctions that had been imposed on two aircraft and three airlines linked to the Iranian Revolutionary Guard, as part of a routine process aimed at modifying certain restrictions without altering the overall policies toward Iran.
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