Reuters reports that the US Treasury Department has announced its intention to cancel some sanctions related to Iran. The scope and conditions of the planned relief were not specified in the initial report.
The US Treasury Department has announced its intention to cancel additional sanctions related to Iran, according to a Reuters report Wednesday afternoon. The scope and conditions of the planned relief were not specified in the initial report. This development follows a series of sanctions relief steps reported earlier today, marking a continued shift in the Trump administration's economic pressure campaign against Tehran.
Earlier Wednesday at 17:07 Jerusalem, multiple reports emerged indicating a rapid sequence of sanctions adjustments. Initial Reuters reports stated the United States had removed sanctions on Iran, with the Treasury Department later confirming the cancellation of 25 Iran-related sanctions. The Treasury website posted an official notice confirming the removal, and three entities linked to Iran's Islamic Revolutionary Guard Corps (IRGC) were specifically removed from the sanctions list. The reports were corroborated by Israeli media outlet Yedioth Ahronoth, which also cited the Treasury's cancellation of 25 sanctions.
The Zioneer has previously reported on the administration's oscillating approach to Iran sanctions. On July 8, the Treasury canceled all prior authorizations for Iranian oil exports, deepening sanctions. Earlier background reporting noted that the White House had signaled a transition from maximum pressure to rapid de-escalation, including a reported readiness to lift the naval blockade on Iran as of June 14, and potential financial relief for frozen assets reported on June 17. These developments unfold against the backdrop of ongoing US-Iran negotiations and regional military tensions.
The specific sanctions to be canceled and the conditions attached to the new relief remain unclear. It is not yet known whether this announcement represents a new, separate wave of sanctions relief or a continuation of the process already underway. No official confirmation of the exact scope or timeline has been provided beyond the Treasury's stated intention.
5 developments
- DevelopingUS media: Iran deal sets stage for further clashes with IRGC
- DevelopingSenior Iranian source: IRGC emerges as 'true winners' of the war
- DevelopingGulf source tells CNN: 50/50 chance of Iran deal by Friday, IRGC consent still needed
- DevelopingUS lifts terror sanctions on Iraqi airline Fly Baghdad, accused of aiding Iran's Quds Force
Source and signal
- Open-source intake