sanctions
18 articles
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.
Russia Eyes $13.6B Windfall From Hormuz Oil Spike
Moscow expects to pocket $13.6 billion from elevated crude prices tied to the Strait of Hormuz crisis, as Houthi pressure and US diplomacy keep the region on edge.
Iran Oil Exports Crash to Six-Year Low Under US Blockade
Iran's crude exports fell to 209,000 barrels per day in May, down 84 percent from April, as the US naval blockade chokes off shipments and strands tens of millions of barrels at sea.
IRGC fires on Hormuz ships as Vance says US, Iran 'very close' to deal
Islamic Revolutionary Guard Corps opened fire on shipping in the Strait of Hormuz Friday morning, hours after Vice President JD Vance said Washington and Tehran are near a memorandum extending the 60-day ceasefire.
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.
IRGC Bars Vessels From 'Hostile Countries' From Strait of Hormuz
Iran's Revolutionary Guard moves from a coordination regime to an explicit ban list at Hormuz, with criteria for 'hostile' undisclosed and Gulf shippers already sailing dark.
Hormuz Reopens in Fact as Washington and Tehran Argue the Terms
Tankers are transiting the Strait of Hormuz, a US official says no mines were found, and Iran has reportedly agreed in principle to reopen the chokepoint — even as the paper deal remains contested.
Iran objects to revised draft terms, citing asset-unfreeze mechanism
Less than a day after Trump called a deal 'largely negotiated,' Tehran is pushing back on revised draft terms, with the mechanism for unfreezing Iranian assets at the center of the dispute.
EU Parliament Votes 516-14 to Demand Broader Iran Sanctions
Strasbourg lawmakers passed a sweeping non-binding resolution Thursday urging EU Council action on the IRGC, Iran's judiciary and prison officials, raising the political floor for any nuclear deal.
Iran Declares Hormuz Authorisation Zone Hours After Trump Cites 'Final Stages'
Tehran's Persian Gulf Strait Authority published map coordinates for a controlled maritime zone requiring transit authorisation, hours after the US president said talks were in final stages.
Iran's Floating Oil Stockpile Jumps 65% as US Blockade Bites
Iranian crude stored on tankers in and around the Strait of Hormuz has jumped 65 percent since the US naval blockade began mid-April, FT shipping data shows, as Tehran searches for ways to circumvent the choke.
Iran Retains 70% of Missile Stockpile, ISW Warns of Rebuilt War Capacity
ISW assessed that Iran has restored access to 30 of 33 Hormuz-region missile sites and retains roughly 70% of its pre-war stockpile, as IRGC launches major exercises and rejects the US peace plan as surrender.
Trump Weighs Resuming Combat as Iran Ceasefire Hangs by Thread
Trump is more seriously considering resuming combat operations after Iran's ceasefire counterproposal — demanding reparations and Hormuz sovereignty — was rejected as garbage.
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.
Iran Launches Hormuz Toll Agency, Charges $2M Per Ship
Iran's new Persian Gulf Strait Authority demands up to $2M per vessel to transit Hormuz, forcing shipping operators into a legal collision with U.S. secondary sanctions.
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.
What is the Iran nuclear deal (JCPOA), and where does it stand now?
The 2015 Iran nuclear agreement, what it actually required, why the US withdrew in 2018, and the current state of Iran's nuclear program. The backstory behind every Iran cycle.