| Source: US OFAC news |
| Summary: The U.S. Department of the Treasury, under President Trump’s direction, initiated *Operation Economic Outcast*, a comprehensive economic campaign targeting the Iranian regime and its enablers. The operation aims to sever Iran’s financial lifelines, including illicit oil smuggling, sanctions evasion, and terror funding networks. Key actions include expanding secondary sanctions to five critical sectors (digital assets, technology, gold, aviation, and shipping), designating nearly 60 entities, individuals, and vessels linked to Iran’s nuclear, missile, cyber, and oil revenue operations, and suspending general licenses for remittance payments and cultural exchanges. The Treasury also issued guidance on sanctions risks related to shipping in the Strait of Hormuz. The campaign pressures global partners to cease Iran-related activities or face U.S. financial system restrictions. The names of sanctioned individuals and entities are listed in the original article on the OFAC website. |
| Read full article → |
Treasury Launches Unprecedented Campaign Against Iranian Regime on Economic D-Day
| Source: US OFAC news |
| Summary: The U.S. Department of the Treasury, under President Trump’s direction, initiated *Operation Economic Outcast*, a comprehensive economic campaign targeting the Iranian regime and its enablers. The operation aims to sever Iran’s financial lifelines, including illicit oil smuggling, sanctions evasion, and terror funding networks. Key actions include expanding secondary sanctions to five critical sectors (digital assets, technology, gold, aviation, and shipping), designating nearly 60 entities, individuals, and vessels linked to Iran’s nuclear, missile, cyber, and oil revenue operations, and suspending general licenses for remittance payments and cultural exchanges. The Treasury also issued guidance on sanctions risks related to shipping in the Strait of Hormuz. The campaign pressures global partners to cease Iran-related activities or face U.S. financial system restrictions. The names of sanctioned individuals and entities are listed in the original article on the OFAC website. |
| Read full article → |
Geef een reactie