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OFAC

US hits Iran with new oil and shipping sanctions

November 21, 2025 by Attia Naveed

Washington: The US Treasury Department’s Office of Foreign Assets Control (OFAC) imposed new sanctions on Iranian companies and shipping brokers supporting the country’s armed forces through oil sales. The move aims to curb funding for Iran’s nuclear weapons program and its support for terrorist groups. Treasury Secretary Scott Bessent said the sanctions are part of […]

Filed Under: World Tagged With: Iran, Iranian Companies, Latest, Mahan Air, nuclear program, OFAC, oil exports, Revolutionary Guard, sanctions, Shipping Brokers, US Treasury

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