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U.S. Treasury tightens pressure on Hizballah’s political and financial ecosystem, targeting Lebanese officials and a wider business network accused of raising revenue for the group

June 18, 2026

OFAC designates Hizballah-aligned Lebanese officials Sleiman Antoine Frangie and Mahmoud Qamati, alleging that they used political influence to support Hizballah’s interests, obstruct Lebanon’s peace process and delay the group’s disarmament. It also expands action against Alaa Hamieh’s business network, targeting companies and intermediaries in Lebanon, Syria, Iraq and Oman accused of generating funds, securing contracts and operating front companies for Hizballah-linked activity.

U.S. targets Iran-linked LPG smuggling and shadow banking network moving hundreds of millions through covert global channels to evade sanctions and fund the regime

June 5, 2026

The U.S. Treasury has sanctioned a network of individuals, companies, and vessels involved in smuggling Iranian LPG—disguised as Omani gas—and funnelling hundreds of millions through shadow shipping and banking channels in the UAE and China to bypass sanctions. The action also targets Iranian exchange houses and brokers accused of moving large volumes of foreign currency…

OFAC sanctions senior commanders of the FDLR and M23 rebel groups for fueling violence and instability in eastern DRC, in a bid to curb atrocities and push the region toward peace

June 2, 2026

OFAC’s press release designates Gustave Kubwayo, an FDLR intelligence and special operations commander, and John Imani Nzenze, M23’s chief of intelligence, under DRC-related sanctions authorities. Treasury links the action to wider U.S. efforts to support peace in eastern DRC, block property connected to sanctioned armed group leaders and deter transactions that sustain conflict, human rights abuses and regional destabilisation…

U.S. sanctions Iran’s largest crypto exchange, Nobitex, and others for allegedly enabling IRGC-linked terrorism financing and sanctions evasion through digital assets

June 2, 2026

OFAC’s press release designates Nobitex, Iran’s largest digital asset exchange, alongside Wallex, Bitpin and Ramzinex, alleging that Nobitex processed more than half of Iranian digital asset inflows in 2025 and facilitated activity linked to the IRGC, sanctions evasion and ransomware actors. The action blocks property and interests in property held by the designated parties under U.S. jurisdiction and signals continued Treasury focus on crypto channels used to move, protect or repatriate regime-linked funds…

U.S. Treasury exposes an Iran procurement network accused of impersonating American businesses to source restricted technology for Tehran’s military

May 29, 2026

OFAC’s press release designates an Iran-based network that allegedly defrauded U.S. IT companies and vendors to procure network security, encryption and other restricted goods for Iran’s Ministry of Defense and Armed Forces Logistics and sanctioned end users. The action, co-ordinated with the U.S. Department of Commerce and the FBI’s Los Angeles Field Office, targets individuals and front companies in Iran, the UAE and Italy, and blocks their…

U.S. Treasury sanctions Iran’s ‘Persian Gulf Strait Authority’, an IRGC-linked entity accused of extorting vessels in the Strait of Hormuz to fund Iran’s military, proxies and nuclear programme

May 27, 2026

OFAC designates the Persian Gulf Strait Authority under counterterrorism sanctions, describing it as an IRGC-linked mechanism to impose illegitimate tolls, demand vessel information and direct commercial traffic through the Strait of Hormuz. Treasury warns that anyone co-operating with the authority may face sanctions exposure, including where payments are made through fiat currency, digital assets, offsets, informal swaps or other in-kind…

OFAC sanctions 9 Hizballah-aligned officials in Lebanon for obstructing peace efforts and undermining efforts to disarm the Iran-backed group by maintaining its influence across state institutions

May 21, 2026

The measures target members of parliament, security officials, and militia-linked actors alleged to have coordinated with Hizballah and Iran’s Islamic Revolutionary Guard Corps to preserve Hizballah’s armed presence and political influence in Lebanon. Treasury also highlights intelligence-sharing, joint military coordination, and intimidation activities involving allied groups such as the Amal Movement, warning that financial institutions facilitating transactions for designated persons could face sanctions exposure…

US Treasury sanctions key Sinaloa Cartel networks for facilitating fentanyl trafficking and laundering drug proceeds through cryptocurrencies, front companies, and cross-border cash networks

May 20, 2026

The measures target two interconnected networks accused of converting bulk U.S. drug cash into cryptocurrency for transfer to cartel leaders in Mexico, alongside laundering operations involving shell businesses, security firms, restaurants, and money brokers. Treasury also highlights the expanding role of digital assets and cross-border financial facilitators in cartel operations, warning that foreign financial institutions engaging in significant transactions for designated persons may face secondary sanctions exposure…

OFAC’s “Economic Fury” sanctions 50+ Iran-linked entities and vessels, targeting shadow banking and oil networks to cut off illicit funding for weapons and sanctions evasion

May 19, 2026

The measures focus particularly on Amin Exchange and its network of entities across the UAE, Türkiye, Hong Kong, and China accused of facilitating hundreds of millions of dollars in transactions for sanctioned Iranian banks, petrochemical companies, and oil exporters. Treasury also designates 19 vessels and numerous maritime companies involved in transporting Iranian petroleum products through deceptive shipping practices, while warning financial institutions about sanctions risks linked to shadow banking, offshore structures, and high-risk oil trade activity…

OFAC targets Hamas-linked operatives and allied networks accused of using humanitarian flotillas and global channels to facilitate financing and coordination of terrorist activity

May 19, 2026

The measures target individuals associated with the Popular Conference for Palestinians Abroad and related organisations that Treasury alleges coordinate international campaigns, fundraising, and support activity linked to Hamas. Treasury also highlights Hamas’ reliance on global facilitation networks spanning charities, political organisations, and financial intermediaries to move funds, expand influence, and circumvent counter-terrorist financing measures…

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

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, including cracking down on sanctions evasion, shadow banking, cryptocurrency-linked finance, and illicit oil trade, while warning that foreign entities assisting Iran’s defence sector risk secondary sanctions…

US Treasury targets Iraqi oil officials and Iran-backed militia leaders for diverting Iraq’s oil revenues and exploiting the energy sector to fund Tehran-aligned terrorist groups and attacks on U.S.

May 7, 2026

The measures target networks accused of abusing positions within Iraq’s oil sector to facilitate illicit oil sales and generate funding for Iran-backed militias including Kata’ib Sayyid Al-Shuhada and Asa’ib Ahl Al-Haq. The action also highlights the use of commercial entities and cross-border financial structures to conceal and move proceeds linked to sanctions evasion and regional militant activity…

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