US imposes new sanctions on Cuba-linked entities and individuals
The United States has announced a new wave of sanctions targeting eight individuals and five entities connected to the Cuban government. The sanctions target individuals and organizations accused of helping procure military equipment from abroad on behalf of Cuba’s Ministry of the Revolutionary Armed Forces and its security agencies. The US State Department justified the […]
Iraq Imposes Banking Sanctions on Hezbollah and ISIS
The Iraqi government has implemented new banking sanctions targeting individuals and entities connected to ISIS financing networks and Lebanese Hezbollah, acting in alignment with United States Treasury Department directives. According to an official document from the Iraqi Ministry of Finance, the decision is based on recent actions by the US Treasury’s Office of Foreign Assets […]
US Sanctions the Cuban Ministry of Tourism
The US administration, under President Donald Trump’s second term, has expanded its sanctions against Cuba by adding the Cuban Ministry of Tourism to the Treasury Department’s Office of Foreign Assets Control (OFAC) list. While the exact operational impacts are still unclear, any direct or indirect business with an OFAC-listed entity poses severe legal and compliance […]
US Imposes Sanctions on 7 People and Firms Linked to Iranian Arms Network
The US Treasury Department has imposed sanctions on 7 individuals and entities due to their alleged connections with an international network that illegally procures weapons for Iran’s Islamic Revolutionary Guard Corps (IRGC). The key highlights are as follows: Global Network: The sanctioned individuals and companies are located in Iran, Russia, Italy, and Nigeria. These actors […]
All Iranian sanctions to be lifted
The signing of the MOU on June 18, 2026, does not immediately lift sanctions. Instead, it legally binds both nations to a strict, conditional sequencing process over a 60-day negotiating window, aiming for a final comprehensive deal by approximately August 17, 2026. The agreed-upon sequence for relief is: Reopening of the Strait of Hormuz (within […]
Persian Gulf Strait Authority says US sanctions will not secure control of Hormuz
Iran’s Persian Gulf Strait Authority dismissed recent US sanctions, stating that the measures will not allow Washington to gain control over the strategic Strait of Hormuz. The Authority condemned the US sanctions, framing them as proof of its own operational success. Despite the US measures, the agency stated it continues to process requests and issue […]
US Sanctions on Iranian Cryptocurrency Exchanges
The US has added four digital asset exchanges to its sanctions list, including Iran’s largest cryptocurrency exchange, Nobitex. In a statement from the US Department of the Treasury, it was reported that the Office of Foreign Assets Control (OFAC) has issued new sanctions against Iran under the “Economic Fury” campaign. The statement noted that Nobitex […]
U.S. Seafood Sanction Petition Against China
The Center for Biological Diversity has filed a formal petition urging the U.S. government to sanction China over its failure to meet American shark conservation standards. If enforced under the Moratorium Protection Act, this could lead to a total ban on $1.5 billion worth of Chinese seafood imports. Chinese distant-water fishing fleets are accused of […]
US Targets Iran-Linked Network Facilitating Oil Sales to China
The United States has announced a new round of sanctions against 12 individuals and companies accused of helping Iran bypass international restrictions to sell and ship oil to China. This latest economic measure, announced on Monday, May 12, 2026, arrives just days before US President Donald Trump is scheduled to meet with Chinese President Xi […]
US Sanctions Threaten Hong Kong Banks Over Iranian Oil Trade
The United States is escalating its financial pressure on Tehran by threatening secondary sanctions against Chinese and Hong Kong banks that process payments related to Iran’s oil trade. This move places financial institutions squarely in the middle of a growing regulatory conflict between Washington and Beijing. US Treasury Secretary Scott Bessent has directly warned several […]