The Biden administration is considering removing Iran's Islamic Revolutionary Guard Corps from a terror blacklist in return for a public commitment from Iran to de-escalation in the region, three Israeli officials and two U.S. sources tell me.
Why it matters: An agreement to restore the 2015 nuclear deal is nearly complete, but Iran's demand that President Biden reverse Donald Trump's decision to designate the IRGC as a Foreign Terrorist Organization is a key remaining sticking point.