Sanctions

Treasury Targets Iranian Petroleum

The Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Iran's petroleum and petrochemical exports.

U.S. Sanctions Fentanyl Network Supporting Cartel

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight Mexican individuals and twelve companies based in Mexico that are connected to the Sinaloa Cartel.

European Union Reimposes ‘Restrictive Measures’ on Iran

The European Union has reimposed sanctions on Iran in response to "Iran's nuclear proliferation activities," the European Council announced.

All Options on the Table for Russia Sanctions, Bessent Warns

Treasury Secretary Bessent warns all options are on the table as President Trump’s administration considers new sanctions against Russia.

Trump Strikes Back: Latest ICC Sanctions Protect U.S., Israeli Sovereignty

The ICC sanctions announced by the Trump administration send a clear message: the United States will not allow unelected global bureaucrats to trample on American sovereignty or target its allies.

China Sanctions Lithuanian Banks Over EU Russia Moves

China has announced sanctions against two Lithuanian banks, UAB Urbo Bankas and Mano Bankas AB, in retaliation for the European Union’s recent inclusion of Chinese financial institutions in its latest sanctions package against Russia.

Lindsey Graham Says Putin ‘Could Give a Damn’ About Sanctions

On Sunday’s broadcast of NBC’s Meet the Press, Sen. Lindsey Graham (R-SC) said Russian President Vladimir Putin is largely unaffected by sanctions, arguing the real pressure point is targeting the nations that continue to buy Russian oil.

State Department Cracks Down on Palestinian Leaders

The State Department announced sanctions for the Palestine Liberation Organization (PLO) and the Palestinian Authority (PA).

U.S. Trade Deal Failure Sparks South Africa Blame Game

South Africa’s top foreign policy official is accusing the United States of jeopardizing a trade agreement by demanding reforms to controversial domestic policies. With the August 1 deadline for a deal fast approaching, Director-General Zane Dangor claimed U.S. focus on “non-trade” issues—specifically Black Economic Empowerment (BEE)—is the primary obstacle to reaching an agreement.

UK Sanctions Channel Smuggling Gangs

The UK government has, for the first time, invoked its new Global Irregular Migration Sanctions Regime to impose asset freezes and travel bans on more than two dozen individuals, networks, and suppliers involved in facilitating migrant crossings across the English Channel. Those targeted include four transnational gangs active in the Balkans, a small-boat manufacturer in China, hawala money brokers in the Middle East, and seven smugglers connected to operations in Iraq.

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