After weeks of anticipation, the Office of Foreign Assets Control is authorizing certain transactions involving ...

The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first ...

The Treasury Department announced its Office of Foreign Assets Control will target and place sanctions on nine Iranian shadow ...

The department said the sanctions are also because the revenue from the oil and petroleum should go to Iranians and not the ...

The Treasury Department's Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions imposed by the United States against foreign countries. Depending on the country, OFAC ...

The US Office of Foreign Assets Control (OFAC) has implemented sanctions against the Russian-owned Oil Industry of Serbia (NIS), Serbia's only crude oil refiner, after several delays, which could ...

How PRC Law Limits Chinese Companies’ Compliance With The U.S. Export Controls And Sanctions. Legal News and Analysis - China ...

A failure to comply with applicable economic and trade sanctions and export controls can have significant legal, financial, and practical consequences for a company, including potential civil or ...

(Update) October 28, 2025, 10:00 AM GMT+1: Article updated with details throughout. Lukoil PJSC, Russia's second-largest oil producer, announced plans to sell international assets after being hit by ...

Russia’s second-largest oil producer Lukoil PJSC announced plans to sell international assets amid US and UK sanctions. Lukoil is considering bids from would-be buyers, the company said on its website ...