US Treasury Removes Sanctions on Airlines and Aircraft Linked to Iran's IRGC

The U.S. Treasury said Wednesday it lifted counterterrorism sanctions on two aircraft and three airlines tied to Iran's Islamic Revolutionary Guard Corps (IRGC). In detailed information posted on its website, the Treasury identified the affected entities as FLY BAGHDAD AIRLINES, Iraq Express (IRAQ EXPRESS), Fly Baghdad, and two aircraft with tail numbers YI-BAF and YI-BAN. The three airlines had previously been accused of links to the IRGC's Quds Force, a unit of the IRGC. The two aircraft were linked to FLY BAGHDAD AIRLINES. Reuters reported the development, and Odaily, a Chinese crypto news outlet, relayed the news in a flash update. The Treasury's announcement removes the sanctions that had applied to these named entities. The Treasury did not disclose a specific reason for the removal. The website posting also listed the aircraft registrations as part of the action.