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OFAC sanctions several key Hezbollah operatives and Lebanese exchange houses for funneling tens of millions from Iran to the group through unlicensed money transfers

November 6, 2025

The U.S. Department of the Treasury designates several individuals facilitating large-scale money movements from Iran to Hezbollah via Lebanon’s largely cash-based exchange houses, targeting tactics including illicit oil revenue and unlicensed currency conversion. The action underscores the blocking of property under Executive Order 13224, emphasising that U.S. persons are prohibited from engaging…

OFAC sanctions North Korean banks, IT firms, and individuals for cybercrime, labor‑fraud networks, and sanctions evasion, cutting off funding linked to the DPRK’s weapons programs

November 4, 2025

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designates eight individuals and two entities tied to the Democratic People’s Republic of Korea for facilitating the laundering of proceeds from cyber-enabled theft, cryptocurrency heists and illicit IT-worker schemes. These measures target the financial infrastructure enabling the DPRK’s proliferation of weapons of mass destruction and reinforce the blocking of property and assets under U.S. sanctions law…

US Treasury targets Mexico-based Human Smuggling Organisation and its leaders, sanctioning them for trafficking thousands of migrants and running interconnected drug and ML networks

October 30, 2025

The designation targets the Bhardwaj Human Smuggling Organization, its principal, three associates and sixteen affiliated companies for orchestrating large-scale migrant smuggling operations into the United States alongside related bribery, drug trafficking and money-laundering activity. Treasury highlights the organisation’s exploitation of vulnerable migrants and warns that financial institutions…

OFAC sanctions Russia’s 2 largest oil companies, Rosneft and Lukoil, along with all subsidiaries they own by 50% or more, for operating in Russia’s energy sector and supporting its war effort

October 27, 2025

The action aims to intensify economic pressure on Moscow while urging an immediate ceasefire. OFAC also issued temporary general licenses allowing limited wind-down transactions until late November 2025 and warned that foreign financial institutions engaging in significant dealings with the sanctioned firms or Russia’s military-industrial base could face secondary sanctions…

OFAC sanctions Colombian President and his close associates, freezing their U.S. assets and prohibiting transactions for materially contributing to international illicit drug trade

October 24, 2025

President Petro, his wife, his son Nicolás Fernando Petro Burgos, and a close associate Armando Alberto Benedetti Villaneda were also designated for providing financial, material or technological support or services to him. As a result of the designations, all their U.S.-based property and interests in property are blocked, and U.S. persons are generally prohibited from engaging in transactions…

OFAC sanctions over 50 individuals, entities, and vessels involved in Iran’s petroleum and petrochemical exports, including UAE trading companies, Chinese oil terminals, and shadow fleet vessels

October 13, 2025

These sanctions aim to disrupt Iran’s energy export network, which generates substantial revenue for the regime and supports groups threatening U.S. interests. The designated parties include UAE-based trading companies, Chinese oil terminals, and shadow fleet vessels, among others. The action is part of a broader strategy to apply maximum economic pressure on Iran, building upon…

OFAC takes action against individuals and entities supporting Iran-backed militias involved in arms smuggling, financial corruption, and intelligence operations in Iraq

October 9, 2025

The designations target individuals and entities that provide financial, logistical, and operational support to the militias, enabling their activities across Iraq and the region. They also aim to strengthen enforcement of U.S. sanctions, limit the militias’ ability to exploit international financial systems, and signal consequences for networks supporting state-sponsored terrorism…

US Treasury sanctions 8 Mexican individuals and 12 companies linked to the Sinaloa Cartel’s “Los Chapitos” for supplying chemicals and support for illicit fentanyl production and trafficking

October 6, 2025

The action specifically targets Sumilab, a chemical company based in Culiacán, along with affiliated businesses operated by the Favela Lopez family, which supplied precursor chemicals to the Sinaloa Cartel’s Los Chapitos faction. It also designates Martha Emilia Conde Uraga, a chemical broker, and her associated companies for facilitating the procurement and distribution of these illicit substances despite prior sanctions…

US Treasury designates 17 individuals and 21 entities for aiding Iran’s Ministry of Defense in acquiring sensitive military technology, reinforcing reimposed U.N. sanctions

October 1, 2025

The sanctions target actors linked to Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL) who facilitate the acquisition of critical materials, including carbon fiber and metals, for missile and aircraft production. They aim to dismantle the financial and logistical networks enabling Iran’s military programs and reinforce compliance with international nonproliferation obligations…

OFAC sanctions 2 Indian nationals and an online pharmacy, for supplying fentanyl-laced counterfeit pills and other illicit drugs across the US

September 26, 2025

The Treasury’s sanctions target individuals and entities involved in the manufacture and distribution of counterfeit pills containing fentanyl and methamphetamine, addressing a major public health and safety threat. These measures aim to disrupt the illicit online networks that facilitate the proliferation of synthetic opioids and hold responsible parties accountable…

OFAC targets arms trafficking networks fueling North Korea and Myanmar, sanctioning 6 individuals and entities and freezing their U.S. assets

September 25, 2025

The Treasury’s designations underscore ongoing U.S. efforts to disrupt financial networks that enable North Korea’s weapons development and proliferation activities. By targeting individuals and entities tied to arms sales and illicit revenue generation, the measures aim to cut off critical funding streams and increase pressure on both Pyongyang and its enablers…

U.S. Treasury sanctions a Brazilian legal institute and its manager for supporting a Supreme Court justice previously designated for human rights abuses, blocking their U.S. assets and prohibiting transactions

September 22, 2025

The Treasury’s action targets Lex Instituto de Estudos Juridicos LTDA and Viviane Barci de Moraes for providing material support to a Brazilian Supreme Court justice implicated in human rights abuses. As a result, all property in the United States or controlled by U.S. persons is blocked, and U.S. individuals and entities are prohibited from engaging in transactions with the designated parties…

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