Iran Deal to Give Tehran Immediate Oil Sanctions Relief, and Waivers for Banks
The Trump administration’s emerging post-war framework with Iran grants Tehran immediate sanctions relief for oil sales upon the agreement’s signing, with accompanying waivers covering banking, transportation, and insurance services needed to complete those transactions.
U.S. Sanctions Cuba’s State Oil Company as U.N. Flags Rising Child Death Rate
The United States on Thursday sanctioned Union Cuba-Petroleo, Cuba’s state-owned oil and gas company, escalating the Trump administration’s pressure campaign against Havana under an executive order issued last month.
U.S. Sanctions Cuban President, Castro Relatives in Growing Pressure Campaign
The United States on Thursday imposed sanctions on Cuban President Miguel Díaz-Canel, his wife, several relatives of former Cuban leader Raúl Castro and five Cuban entities, escalating the Trump administration’s campaign to pressure Havana’s political and military leadership.
House Votes to Advance Sweeping Russia Sanctions over GOP Opposition
The House voted Wednesday to take up legislation that would impose sweeping new sanctions on Russia and provide additional aid to Ukraine, as six Republicans and an independent broke with party leaders to join Democrats in forcing the measure to the floor.
OFAC Blacklists Iran’s Largest Crypto Exchange, DRC Rebel Commanders
The U.S. Treasury Department on Tuesday sanctioned Nobitex, Iran’s largest digital asset exchange, accusing the platform of helping Tehran evade sanctions and facilitate terrorist financing and ransomware attacks.
FTI Consulting Pays $1.05mn to Settle OFAC Violations Tied to VTB Bank
FTI Consulting, Inc. has agreed to pay $1,050,000 to settle potential civil liability for apparent violations of U.S. sanctions on Russia’s financial sector, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced Monday.
U.S. Extends ‘Foreign Terrorist Organization’ Sanctions to Brazil’s Gangs
The Trump administration will designate Brazil’s two largest criminal gangs as Foreign Terrorist Organizations effective this June, U.S. Secretary of State Marco Rubio said in a statement Thursday.
Trump Administration Reimposes Sanctions on U.N. Special Rapporteur Albanese
The Trump administration has re-added a United Nations human rights official to the U.S. sanctions blacklist just one week after quietly removing her, and less than two weeks after a federal judge ruled the original designation unconstitutional.
Russian Airlines Rely on a Shadow Supply Chain for Boeing and Airbus Parts
Russian airlines have largely defied Western sanctions aimed at grounding their fleets by building a shadow supply chain for Boeing and Airbus spare parts routed through India, Turkey, the United Arab Emirates, and Kazakhstan.
Sinaloa Networks Sanctioned for Fentanyl Trafficking, Crypto Laundering
OFAC designated more than a dozen individuals and entities linked to the Sinaloa Cartel, targeting two separate networks accused of fentanyl trafficking and money laundering, including one that allegedly converted bulk U.S. drug cash into cryptocurrency for transfer to cartel leadership in Mexico.