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U.S. Treasury's Office of Foreign Assets Control (OFAC)

Coverage of U.S. Treasury's Office of Foreign Assets Control (OFAC) in the Nexus archive.

Earliest in view: Apr 24 · 19:19 UTCMost recent: Apr 24 · 19:19 UTC

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Recent coverage

SECURITYApr 24 · 19:19 UTCFOX NEWS
US targets Chinese refinery in sweeping Iran oil crackdown, sanctions ‘shadow fleet’ tankers
The U.S. Treasury's OFAC sanctioned Hengli Petrochemical, a major Chinese oil refinery, and 19 'shadow fleet' tankers linked to Iran's oil exports, aiming to cut off Tehran's primary revenue source. The move is part of a broader 'Economic Fury' campaign to limit Iran's oil sales and fund its military and regional activities.