OFAC sanctions 10 individuals and entities across the Middle East, Asia, and Eastern Europe for facilitating Iran’s procurement of weapons and dual-use components for Shahed drones and missiles

by | May 8, 2026

The action, coordinated with the U.S. State Department, aims to disrupt Iran’s military supply chains and broader efforts to acquire arms and advanced technology through covert international networks. Treasury emphasised its continued “maximum pressure” strategy,...

OFAC, under its “Economic Fury” campaign, sanctions China’s Hengli refinery, 40+ shipping firms and shadow fleet vessels for enabling billions in illicit Iranian oil exports that fund Tehran’s regime 

by | Apr 24, 2026

The action exposes a vast maritime and financial network facilitating billions of dollars in Iranian oil sales, with tankers transporting crude, LPG, and petrochemicals to markets across Asia, particularly China and the UAE. According to Treasury, these...

U.S. Treasury sanctions 16 individuals and entities linked to Hezbollah across 6 countries for laundering over $100M to fund the group, warning that any institutions aiding them risk strict U.S. penalties

by | Mar 20, 2026

OFAC is sanctioning a global network of 16 individuals and entities linked to Hezbollah financier Alaa Hassan Hamieh for laundering and diverting over $100 million to finance the group’s terrorist operations, targeting companies in Lebanon, Syria, Poland, Slovenia,...