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

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

Russian oil company Lukoil plans to sell its international assets to U.S. private equity firm Carlyle Group, Lukoil said ...

Economic sanctions enforced by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) are some of the most powerful tools in U.S. foreign policy. When a person or company is designated under ...

This installment of Sanctions by the Numbers examines the United States’ use of financial sanctions and entity-based export controls ...

On December 16, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced an agreement with Exodus Movement, ...

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 ...

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 ...

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 ...

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 ...