WASHINGTON, Jan. 23 (Xinhua) -- The Trump administration on Friday expanded its sanctions targeting Iran's oil trade and maritime networks, issuing a new Iran-related general license and updating its ...
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 ...
Foreign companies with U.S. operations are struggling to navigate the landscape of sanctions compliance. OFAC has expressed its concern that foreign companies need to deploy U.S. based expertise and ...
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