8/28/2026 12:54:48 PM United States Reverses Course on Iran: From General License X to Operation Economic Outcast in Two Months By Jacques Semmelman Alex San Martin In yet another abrupt reversal of course with respect to Iran, the U.S. Department of the Treasury, at the direction of President Trump,...
8/26/2026 12:35:17 AM The United States Removes Syria from the State Sponsors of Terrorism List By Jacques Semmelman Alex San Martin On August 24, 2026, the United States removed the designation of the Syrian Arab Republic (“Syria”) as a State Sponsor of Terrorism. The...
6/23/2026 3:48:23 PM OFAC Issues General License Authorizing Certain Transactions Incident and Necessary to the Sale, Delivery, or Offloading of Iran-Origin Crude and Petroleum Products By Jacques Semmelman Alex San Martin Recent events in the Middle East have resulted in a surprising turnaround in U.S. policy toward Iran. A June 17, 2026 MOU has started a...
7/7/2025 12:53:33 AM President Trump Issues Executive Order Lifting Longstanding Sanctions on Syria By Jacques Semmelman On June 30, 2025, President Trump issued Executive Order 14312 (“E.O. 14312” or the “E.O.”) titled “Providing for the Revocation of Syria...
4/21/2025 4:23:41 PM OFAC Issues Updated Guidance to Shipping and Maritime Sector Regarding Evasion of Iranian Oil Sanctions By Jacques Semmelman On April 16, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued an update to its Sept. 2019...
1/16/2025 6:51:34 PM OFAC Sanctions Russia's Energy Sector By Jacques Semmelman In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States...
1/8/2025 10:02:41 PM U.S. Eases Economic Sanctions on Syria By Jacques Semmelman In the aftermath of the overthrow of the Assad government on December 8, 2024, the United States has eased (but has not lifted) its...