June 03, 2025 | Charlie Brown
Shadow Fleet, Shifting Risks: How Sanctions and Maritime Evasion Threaten Global Oil Spill Liability Regimes
Recent developments from Washington, London, and Panama signal a tightening of global scrutiny, but also highlight new links between sanctions enforcement and environmental protection.
Cracking Down: OFAC continues sanctions actions
Following the April publication of the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated guidance targeting the maritime oil trade tied to Iranian sanctions evasion, and in continued strong support of the White House National Security Presidential Memorandum (NSPM-2), the US Maximum Pressure Campaign continued with brisk pace in May.
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