Tag: US Sanctions

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned entities for facilitating shipments of Iranian oil.

The U.S. recently imposed sanctions on six Russian oil tankers still under construction at the Zvezda shipyard, marking a precedent of targeting vessels before they have even set sail.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Syria General License (GL) 24 to expand authorizations for activities and transactions in Syria.

On 10 January, the United States sanctioned major targets in Russia’s energy sector, the primary source of revenue fueling Russia’s war against Ukraine.

Shandong Port Group, which oversees major ports in eastern China such as Qingdao, Rizhao, and Yantai, has issued a ban preventing U.S.-sanctioned tankers from docking or unloading at its terminals. 

The US Department of Defense has added COSCO and China National Offshore Oil Corp. to a list of companies supporting the Chinese military.

On December 3, 2024, the United States imposed sanctions on 35 entities and vessels involved in the illegal transportation of Iranian petroleum.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned parties associated with the Al-Qatirji Company.

A Turkish national was arrested in Miami for allegedly conspiring to violate U.S. sanctions as part of a scheme of oil transportation.

On October 17, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) imposed sanctions on eighteen companies, individuals, and ships for their connection to Sa’id al-Jamal, a financial official for the Houthis.