As part of its intensified focus on border security, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today sanctioned two high-ranking members of the Cartel del Noreste (CDN), a designated Foreign Terrorist Organization (FTO) and successor to Los Zetas.

Treasury’s Office of Foreign Assets Control (OFAC) and the Swiss State Secretariat for Economic Affairs (SECO) have signed a Memorandum of Understanding (MOU) to deepen cooperation on economic sanctions enforcement through enhanced information sharing.

Treasury’s Office of Foreign Assets Control (OFAC) designated nearly two dozen companies across multiple jurisdictions for facilitating Iran’s illicit international oil trade, which funds …

Treasury's Office of Foreign Assets Control (OFAC) has issued Russia-related General License 124, "Authorizing Petroleum Services Related to the Caspian Pipeline Consortium and Tengizchevroil." The previous license with similar content - No. 121, which also included the Sakhalin-2 project - expires on June 28, 2025.

OFAC designated four individuals—two senior Hizballah officials and two financial facilitators—for their roles in coordinating and processing funding for the terrorist group. Thursday's designations target operatives based in Lebanon and Iran who manage financial transfers from overseas donors, a critical source of Hizballah’s budget.

Following last week's announcement of sanctions on Cuban baseball players, the State Department announced a determination that Cuba did not fully cooperate with U.S. counterterrorism efforts in 2024 and has re-certified the country as a “Not Fully Cooperating Country” (NFCC) under Section 40A of the Arms Export Control Act.

Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on six individuals and 12 entities involved in Iran’s efforts to indigenize the production of carbon fiber and related materials for its ballistic missile program.

Treasury’s Office of Foreign Assets Control (OFAC) today sanctioned a major Chinese "teapot" refinery and several port operators, shipping firms, vessels, and individuals involved in importing Iranian oil, as part of its ongoing campaign to restrict Iran’s petroleum revenues.

The European Union has proposed fresh sanctions targeting companies in Vietnam, Turkey, and Serbia accused of enabling Russia to evade existing embargoes,. The 17th package of EU sanctions since Russia’s full-scale invasion of Ukraine also seeks to blacklist 149 oil tankers operating in Moscow’s “shadow fleet” and approximately 60 individuals and entities based in Russia and China.

Treasury’s Office of Foreign Assets Control (OFAC) today designated the Karen National Army (KNA), a Burmese militia group, as a transnational criminal organization under Executive Order (E.O.) 13581, as amended. OFAC also sanctioned KNA leader Saw Chit Thu and his sons for their roles in cyber scam operations, human trafficking, and cross-border smuggling that have harmed U.S. citizens.

The Trump administration is reportedly preparing to formally reimpose restrictions on the participation of Cuban baseball players in Major League Baseball (MLB), according to a leak obtained by journalist Daniel de Malas, press chief of the Cuban Professional Baseball Federation in Exile (FEPCUBE).

Treasury’s Office of Foreign Assets Control (OFAC) has designated six entities and six individuals in Iran and the People’s Republic of China (PRC) for operating a procurement network that facilitates the supply of ballistic missile propellant ingredients to Iran’s Islamic Revolutionary Guard Corps (IRGC). The network has been involved in the procurement and shipment of sodium perchlorate and dioctyl sebacate from the PRC to Iran. Sodium perchlorate is a precursor to ammonium perchlorate, a material controlled under the Missile Technology Control Regime (MTCR) and integral to the manufacture of solid propellant rocket motors. Dioctyl sebacate similarly supports the production of ballistic missile technology.

The United Kingdom announced substantial amendments to its Syria sanctions regime, signaling a strategic shift in support of Syria’s post-Assad reconstruction. The updated regulations lift sanctions on 12 Syrian entities and remove restrictions in select sectors, including financial services and energy production.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated Iranian liquified petroleum gas (LPG) trader Seyed Asadoollah Emamjomeh, his son Meisam Emamjomeh, and their global network of companies and vessels for facilitating the export of Iranian LPG and crude oil in violation of U.S. sanctions.

The United States on April 15 lifted sanctions imposed in January on the head of Hungarian Prime Minister Viktor Orban's cabinet, Antal Rogan, over accusations of corruption and cronyism. Rogan was sanctioned January 7th for public corruption which "is affecting Hungary's decision-making on issues that impact the security of the United States of America and our allies."

On April 16, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released updated guidance for the maritime sector titled Advisory for Shipping and Maritime Stakeholders on Detecting and Mitigating Iranian Oil Sanctions Evasion. In coordination with the advisory, OFAC also designated seven entities and five vessels allegedly engaged in Iranian petroleum and petrochemical sales. One of the most prominent targets is a Chinese “teapot” refinery, sanctioned for purchasing over $1 billion worth of Iranian crude.

The Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against five Iran-based entities and one individual for providing support to Iran’s nuclear program. Separately, OFAC sanctioned drug trafficker Jesus Alfredo Beltran Guzman, known as “El Mochomito.”

The U.S. Department of Justice’s Final Rule restricting the export of sensitive U.S. data to foreign entities took effect April 8, 2025. The rule targets data transactions involving individuals or entities linked to designated “countries of concern”—including China (with Hong Kong and Macau), Russia, Iran, North Korea, Cuba, and Venezuela.

A bipartisan group of U.S. lawmakers has called on the Departments of State and Treasury to revise longstanding sanctions on Syria, warning that existing restrictions—imposed over a decade ago—are impeding reconstruction, destabilizing the region, and potentially undermining U.S. national security objectives.

The U.S. Departments of Justice and Treasury took coordinated action to disrupt an Iranian procurement network that illicitly acquired U.S.-origin technology to support Iran’s drone program and its military-industrial complex. April 1, 2025, the Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on eight individuals and six entities across Iran, the United Arab Emirates (UAE), and the People’s Republic of China (PRC) for their roles in acquiring components for unmanned aerial vehicles (UAVs) used by Iran’s military.