May 01, 2025 | Claire Jungman
On April 16, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a significant update to its maritime sanctions advisory aimed at helping global shipping and trade stakeholders detect and prevent the evasion of U.S. sanctions on Iranian oil.
This latest advisory reflects a growing urgency. It marks the first such update under President Trump's renewed "maximum pressure" campaign against Iran, formally reinstated in February 2025 through National Security Presidential Memorandum-2 (NSPM-2). The goal is clear: drive Iran’s oil exports — and, by extension, its destabilizing activities — down to zero.
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