OFAC

China has rolled out tough new rules aimed at countering foreign sanctions, explicitly linking the measures to U.S. threats of secondary sanctions on Chinese banks over Iranian oil purchases and warning that further retaliation tools are likely to follow.

Brazil’s First Capital Command, or PCC, has expanded from a prison gang founded in Sao Paulo state in 1993 into what authorities describe as the largest criminal group in the Americas, with some 40,000 members and affiliates operating in nearly 30 countries.

The U.S. Treasury on Tuesday imposed sanctions on 14 individuals, entities, and aircraft in Iran, Turkey, and the United Arab Emirates that it said were involved in arming Iran with missiles and drones.

The Trump administration has extended for about a month a sanctions exemption covering some Russian oil already at sea, reversing course just two days after Treasury Secretary Scott Bessent said the United States would not renew the waiver.

The U.S. Treasury on Friday imposed sanctions on seven Iraqi militia commanders in what it called “Economic Fury,” targeting figures it said were responsible for planning, directing and carrying out attacks on U.S. personnel.

The U.S. Treasury Department on Thursday imposed sanctions on Nicaraguan government officials, firms operating in Nicaragua’s gold sector, and individuals tied to the forcible seizure of a U.S.-owned mining asset. 

The U.S. Treasury imposed a fresh round of Iran-related sanctions on Wednesday, targeting what it described as the illicit oil-shipping empire of Iranian magnate Mohammad Hossein Shamkhani and a Hezbollah-linked oil-for-gold laundering network tied to Venezuela. 

The Trump administration eased sanctions on Venezuela’s state-run financial system on Tuesday in a move aimed at supporting the country’s battered economy, reviving oil-sector activity, and stabilizing the government of acting President Delcy Rodriguez.  

The U.S. Treasury Department on Tuesday imposed sanctions on six people and businesses it said were tied to a money laundering and cash-smuggling network operated by Cartel del Noreste, a Mexican drug trafficking group active near the U.S.-Mexico border.

The Trump administration has allowed a temporary sanctions waiver on Russian oil to expire, ending a short-lived reprieve that had permitted the sale of some blacklisted Russian crude and pulling back from a policy that was intended to help contain surging global oil prices.