OFAC
9 articles
Trump's $300 Billion Denial Narrows What Geneva Actually Moves
President Trump rejected reports the Iran MOU includes $300 billion in US investment, telling reporters the deal moves sanctions relief and frozen funds, not new American capital.
Iran's $24 Billion Asset Release Hinges on OFAC Paperwork
Iranian state media reported a $24 billion asset release tied to the Geneva accord. Treasury has not yet published the OFAC paperwork that gives banks legal cover to move the money.
Treasury Sanctions Iran's Persian Gulf Strait Authority Under OFAC List
OFAC added the Persian Gulf Strait Authority — the body Iran created to administer Hormuz transit fees — to its Iran sanctions list hours after fresh US strikes near Bandar Abbas.
Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche
Treasury and State on May 22 designated 19 ships, money-changer Amin Exchange and a UAE-Turkey-Hong Kong front network — the financial leg of the Economic Fury campaign.
US Sanctions 12 Entities Routing Iranian Oil to China
Treasury designates 12 front companies across Hong Kong, UAE, and Oman as Bessent links Beijing's energy purchases to Iranian terrorism financing.
OFAC sanctions 10 entities over Iran weapons procurement
Treasury designates firms in China, Hong Kong and Belarus tied to Iran's CDPI procurement network feeding the Shahed UAV and ballistic-missile programs.
US Sanctions Chinese Oil Terminal in 12th Iran Crude Crackdown
State and Treasury designated Qingdao Haiye Oil Terminal and three Iranian currency exchange houses for processing tens of millions of barrels of sanctioned Iranian crude.
OFAC Warns: Paying Iran's Hormuz Crypto Toll Triggers Sanctions
Treasury's OFAC issued a May 1 alert warning that any payment to Iran for Hormuz transit — fiat, crypto, stablecoins, or informal swaps — exposes both US and non-US persons to sanctions.
What does 'sanctions' actually mean? A mechanical explainer
The word 'sanctions' covers a dozen different mechanisms with vastly different impact. Here's how primary, secondary, and unilateral sanctions work — what bites, what doesn't, and why Iran is still functioning under maximum-pressure.