US Treasury Targets Tren de Aragua Network with New Sanctions
The United States Department of the Treasury has announced a new wave of sanctions aimed at dismantling the money laundering operations of the Venezuela-based gang, Tren de Aragua (TdA). According to the Office of Foreign Assets Control (OFAC), the sanctions specifically target key figures in the entertainment industry who have provided material support to the […]
Serbia’s only oil refinery faces shutdown due to US sanctions
Serbia’s only oil refinery, Naftna Industrija Srbije (NIS), faces an imminent shutdown due to US sanctions targeting its majority Russian ownership. This situation poses a significant threat to the country’s energy security. The sanctions, enforced by the US starting October 9, 2025, target Russia’s energy sector. NIS is 51% owned by Gazprom and Gazprom Neft, […]
US Fund Carlyle Eyes Assets of Sanctioned Russian Firm Lukoil
The American private equity giant Carlyle Group is evaluating the purchase of international assets belonging to the sanctioned Russian oil company Lukoil. Because Lukoil is under US sanctions due to the war in Ukraine, Carlyle plans to apply for a special license from the US government (specifically OFAC) to conduct due diligence and potentially finalize […]
US Lifts Sanctions on Caspian Pipeline Consortium for Kazakh Oil
The United States has lifted sanctions on the Caspian Pipeline Consortium (CPC), the primary conduit used by Kazakhstan to export its oil to international markets. According to reports in the Kazakh media citing the US Office of Foreign Assets Control (OFAC), Washington has unblocked transactions related to the CPC as well as Kazakhstan’s largest oil […]
US Sanctions Thai Company Tied to Myanmar Scam Operations
According to Thai newspaper Khaosd The United States imposed sanctions on a Thai company and a Myanmar armed group accused of operating cyber-scam centers that defrauded Americans and relied on human trafficking victims. According to The U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it had blacklisted the Democratic Karen Benevolent […]
US partially suspends Caesar Act sanctions on Syria for 180 days
The US has partially suspended the imposition of Caesar Act sanctions on Syria for 180 days, the Treasury Department announced. The suspension replaces a May 23 waiver, which also granted a 180-day exemption from mandatory Caesar Act sanctions and represents “our commitment to continued sanctions relief for Syria,” according to an advisory from the Treasury’s […]
US removes sanctions on Belavia and its VIP gov’t aircraft
The US Office of Foreign Assets Control (OFAC) has formalised the permanent lifting of sanctions on Belavia (B2, Minsk National) by removing it from the list of specially designated nationals (SDN) on November 4. By removing the Belarusian flag carrier from the SDN list, the US government will now allow all US entities and individuals […]
US Treasury Department sanctions North Korean bankers, firms
8 individuals, Korea Mangyongdae Computer Technology Company, Ryujong Credit Bank sanctioned for ‘cybercrime and information technology (IT) worker fraud’ The US added several North Korean bankers and institutions to its sanctions list, on accusations of laundering cybercrime funds. “Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight individuals and two […]
Hungary’s Orbán vows to ‘circumvent’ US sanctions on Russian oil titans
According to Politico, Hungarian Prime Minister Viktor Orbán said that Budapest was working on how to “circumvent” American sanctions on Russian oil and gas companies. U.S. President Donald Trump announced he was imposing “tremendous” new sanctions on Russia’s multinational Lukoil and its state-owned Rosneft, in the first such measures since he took office. While the […]
Russia’s Lukoil to Sell Overseas Assets After U.S. Sanctions
According to AFP, Russian oil giant Lukoil will sell its overseas assets, the company said, after it was hit with U.S. sanctions over the war in Ukraine. U.S. President Donald Trump last week slapped Russia with his first significant sanctions package, targeting two top oil companies, Lukoil and Rosneft, after saying he was frustrated that […]