U.S. President Donald Trump said on Thursday that Iran has been asking if U.S. sanctions against the country can be lifted.

On July 8, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement with Harman International Industries, Inc. (“Harman”) for $1,454,145 to ...

The U.S. is escalating enforcement against Iran’s covert oil trade. Beijing’s refiners have increasingly relied on Russian, Iranian and Venezuelan oil, much of it carried by older or reflagged "shadow ...

More than 50 people and 50 ships connected to a top Iranian official were added to the U.S. Treasury’s sanctions list on Wednesday, according to the Office of Foreign Assets Control (OFAC). The move ...

The US Treasury Department issued new sanctions against Iranian entities and companies on 16 September, 2025 [Dado Ruvic/Illustration/Reuters] The United States has issued a new wave of sanctions ...

United States (US) President Donald Trump’s administration, through the Treasury’s Office of Foreign Assets Control (OFAC), has intensified its crackdown on Iran’s petroleum and petrochemical exports.

A Connecticut-based audio electronics company will pay a $1.4 million fine for violating U.S. sanctions, after middle managers at a foreign distributor knowingly diverted the company’s products to ...

In an escalation of efforts to curb Iran’s illicit financial activities, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on September 16, 2025, ...