Regional
US issues orders easing Syria sanctions after Trump pledge
The Trump administration issued orders on Friday that it said would effectively lift sanctions on Syria, after President Donald Trump this month pledged to unwind the measures to help the country rebuild after a devastating civil war.
The Treasury Department issued a general license that authorizes transactions involving the interim Syrian government led by President Ahmed al-Sharaa, as well as the central bank and state-owned enterprises, Reuters reported.
The general license, known as GL25, “authorizes transactions prohibited by the Syrian Sanctions Regulations, effectively lifting sanctions on Syria,” the Treasury said in a statement.
“GL25 will enable new investment and private sector activity consistent with the President’s America First strategy,” the statement said.
Secretary of State Marco Rubio also issued a 180-day waiver under the Caesar Act to ensure that sanctions do not obstruct investment and to facilitate the provision of electricity, energy, water and sanitation and enable humanitarian efforts, he said in a statement.
“Today’s actions represent the first step in delivering on the President’s vision of a new relationship between Syria and the United States,” Rubio said, adding that Trump had made clear his expectation that sanctions relief would be followed by action by the Syrian government.
The White House said after Trump met Sharaa last week that the president asked Syria to adhere to several conditions in exchange for sanctions relief, including telling all foreign militants to leave Syria, deporting what he called Palestinian terrorists, and helping the U.S. prevent the resurgence of ISIS.
“President Trump is providing the Syrian government with the chance to promote peace and stability, both within Syria and in Syria’s relations with its neighbors,” Rubio said.
‘POSITIVE STEP’
Syria welcomed the sanctions waiver early on Saturday, which the Foreign Ministry called a “positive step in the right direction to alleviate the country’s humanitarian and economic suffering.”
Syria is keen on cooperating with other countries “on the basis of mutual respect and non-interference in internal affairs. It believes that dialogue and diplomacy are the best path to building balanced relations,” the ministry said in a statement.
Most of the U.S. sanctions on Syria were imposed on the government of Syrian President Bashar al-Assad and key individuals in 2011 after civil war erupted there. Sharaa led militias that overthrew Assad in December.
The general license names Sharaa, formerly sanctioned under the name Abu Muhammad al-Jawlani, among the people and entities with whom transactions are now authorized. It also lists Syrian Arab Airlines, the Central Bank of Syria and a number of other banks, several state oil and gas companies and the Four Seasons Damascus hotel.
Trump unexpectedly announced last week that he would lift the sanctions at the behest of Saudi Arabia’s crown prince, a major U.S. policy shift he made before meeting briefly with Sharaa in Riyadh.
It is hoped that easing Syria sanctions will clear the way for greater engagement by humanitarian organizations working in Syria, encouraging foreign investment and trade as the country rebuilds. But the U.S. has imposed layers of measures against Syria, cutting it off from the international banking system and barring many imports, and the potential for sanctions on a country to return can chill private-sector investment.
The U.S. first put the country on its list of state sponsors of terrorism in 1979 and since then has added additional sets of sanctions, including several rounds following the country’s 2011 uprising against Assad.
Regional
Fourteen Pakistani police officers killed in KP car bombing and shootout
The death toll from a suicide attack on a security post in northwest Pakistan rose to 14 police officers, authorities said early Sunday.
A suicide bomber and several gunmen detonated an explosives-laden vehicle near the post in Bannu, a district in Khyber Pakhtunkhwa province, late Saturday, said senior police official Sajjad Khan. The attack triggered an intense shootout, and some officers were killed in the exchange, while others died later after the building collapsed, the Associated Press reported.
Rescuers conducted an hourslong search operation using heavy machinery to retrieve bodies from under the rubble, Khan said, adding that three police officers were wounded in the attack.
Security forces have also launched an operation to track down the perpetrators.
A newly formed militant group, Ittehad-ul-Mujahideen Pakistan, claimed responsibility for the attack.
Regional
UAE countering Iranian air attack after Trump says ceasefire still in effect
U.S. ally the United Arab Emirates said its air defences were engaging missile and drone threats from Iran early on Friday in a further test of the shaky, month-long ceasefire between the U.S. and Iran.
There were few details immediately available about the latest attack on the UAE, which came a day after the U.S. and Iran exchanged fire around the Strait of Hormuz, and as Washington awaited a response from Tehran to its proposal to end the conflict. Iran has often targeted the UAE and other Gulf countries that host U.S. bases since the war began on February 28, Reuters reported.
President Donald Trump said on Thursday three U.S. Navy destroyers were attacked as they moved through the strait, a conduit for around a fifth of the world’s oil and liquefied natural gas flows that Iran has all but closed since the conflict started.
“Three World Class American Destroyers just transited, very successfully, out of the Strait of Hormuz, under fire. There was no damage done to the three Destroyers, but great damage done to the Iranian attackers,” Trump wrote on Truth Social.
Trump later told reporters the ceasefire was still in effect and sought to play down the exchange.
“They trifled with us today. We blew them away,” Trump said in Washington.
Iran’s top joint military command accused the U.S. of violating the ceasefire by targeting an Iranian oil tanker and another ship, and of carrying out air attacks on civilian areas on Qeshm Island in the Strait of Hormuz and the nearby coastal areas of Bandar Khamir and Sirik on the mainland. The military said it responded by attacking U.S. military vessels east of the strait and south of the port of Chabahar.
A spokesperson for Iran’s Khatam al-Anbiya Central Headquarters said the Iranian strikes inflicted “significant damage,” but U.S. Central Command said none of its assets were hit.
Iran’s Press TV later reported that, following several hours of fire, “the situation on Iranian islands and coastal cities by the Strait of Hormuz is back to normal now.”
The two sides have occasionally exchanged gunfire since the ceasefire took effect on April 7, with Iran hitting targets in Gulf countries including the UAE.
Oil prices rose in early trade in Asia on Friday, with Brent crude jumping above $100 a barrel after the latest clashes between the U.S. and Iran.
TRUMP URGES NEGOTIATED END TO WAR
Trump suggested ongoing talks with Tehran remained on track despite Thursday’s hostilities, telling reporters, “We’re negotiating with the Iranians.”
Before the latest strikes, the U.S. had floated a proposal that would formally end the conflict but did not address key U.S. demands that Iran suspend its nuclear work and reopen the strait.
Tehran said it had not yet reached a decision on the emerging plan.
Even so, Trump said Tehran had acknowledged his demand that Iran could never get a nuclear weapon, a prohibition he said was spelled out in the U.S. proposal.
“There’s zero chance. And they know that, and they’ve agreed to that. Let’s see if they are willing to sign it,” Trump said.
Asked when any deal might be reached, Trump said, “It might not happen, but it could happen any day. I believe they want to deal more than I do.”
The war has tested Trump’s relationship with his U.S. base of supporters, after he had campaigned against involving the United States in foreign wars and promised to bring down fuel prices.
Average U.S. gasoline prices have climbed more than 40% since late February, rising by about $1.20 a gallon to more than $4, according to data from the American Automobile Association, as disruptions to oil shipments through the Strait of Hormuz pushed crude oil prices higher.
Regional
US and Iran closing in on one-page memo to end war, Axios reports
The U.S. State Department and White House did not immediately respond to a request for comment.
The White House believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations, Axios reported on Wednesday, citing two U.S. officials and two other sources briefed on the issue.
The U.S. expects Iranian responses on several key points in the next 48 hours, according to the report which cautioned that nothing has been agreed yet but said this was the closest the parties had been to an agreement since the war began, Reuters reported.
Among other provisions, the deal would involve Iran committing to a moratorium on nuclear enrichment, the U.S. agreeing to lift its sanctions and release billions in frozen Iranian funds, and both sides lifting restrictions around transit through the Strait of Hormuz, Axios said.
The one-page, 14-point memorandum of understanding is being negotiated between U.S. envoys Steve Witkoff and Jared Kushner and several Iranian officials, both directly and through mediators, the report said.
In its current form, the memorandum would declare an end to the war in the region and the start of a 30-day period of negotiations on a detailed agreement to open the strait, limit Iran’s nuclear programme and lift U.S. sanctions, Axios added.
Iran’s restrictions on shipping through the strait and the U.S. naval blockade would be gradually lifted during that 30-day period, Axios said, citing one U.S. official who added that if the negotiations collapse, U.S. forces would be able to restore the blockade or resume military action, read the report.
Iran said earlier on Wednesday it would accept a peace deal only if it was “fair”, after U.S. President Donald Trump paused a three-day-old naval mission tasked with reopening the Strait of Hormuz that had shaken the war’s month-old ceasefire.
Reuters could not immediately verify the report. The U.S. State Department and White House did not immediately respond to a request for comment.
U.S. stock index futures extended gains following the Axios report.
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