00:00I will quickly deliver the news about the Middle East war.
00:02The U.S. Treasury Department has officially announced that the Office of Foreign Assets Control under the Treasury will lift
00:07major sanctions related to Iran.
00:09This measure mainly targets Fly Baghdad, a civilian airline in Iraq, and its aircraft.
00:15They have finally been removed from the U.S. government's specially designated national sanctions list.
00:21The airline was accused of giving significant support to the Islamic Revolutionary Guard Corps and its proxies in the Middle
00:27East,
00:27including Iraq, Syria, and Lebanon, by transporting aircraft, fighters, and weapons.
00:32Accordingly, in January 2024, the U.S. government designated Fly Baghdad as a sanctions target
00:37and took strong measures to freeze its financial transactions and access to assets.
00:41In this recent decision to lift sanctions, the airline itself and its aircraft were removed from the sanctions list,
00:46but the sanctions against the airline's CEO as an individual were not withdrawn and remain in place.
00:52Reuters also issued a breaking report citing the official website of the U.S. Department of the Treasury
00:56that the U.S. government has lifted sanctions related to Iran.
00:59Of course, while it may appear to be aimed at Iraq, in reality, it can be considered a lifting of
01:03sanctions against Iran.
01:04However, sanctions related to resources have not yet been lifted.
01:07This move is viewed as the U.S. accepting many of Iran's repeated demands.
01:12During the behind-the-scenes negotiations between the two countries,
01:14Iran strongly demanded the lifting of sanctions related to their country
01:17as a condition for lifting the blockade of the Strait of Hormuz,
01:20a key point for maritime logistics in the Middle East, and opening it for passage.
01:23As a result, it seems that the U.S. has accepted this condition,
01:26leading to an agreement in which the stable opening of the Strait of Hormuz
01:29is exchanged for the easing of sanctions.
01:32However, since Iran continues to insist that passage through the Strait of Hormuz
01:35must follow the route they have claimed, we will have to wait and see how things turn out.
01:39The Strait of Hormuz
01:41The Strait of Hormuz
01:42The Strait of Hormuz
01:42The Strait of Hormuz
01:42The Strait of Hormuz
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