OFAC sanctions are hitting Russian oil, Iran crypto, and Brazil tariffs, showing U.S. efforts to enforce global economic pressure.
The US Treasury has sanctioned Iranian individuals and entities involved in facilitating over $100 million in cryptocurrency for Iran's oil sales. These shadow banking networks use front companies and cryptocurrency to evade sanctions, with the US aiming to disrupt Iran's funding for weapons and malign activities. The move follows recent efforts to reimpose UN sanctions and curb Iran's nuclear ambitions. (Tue, 16 Sep 2025 23:31:54 +0100)
Serbia's government has given Russian-owned NIS 50 days to sell its stake or face nationalization, as US sanctions threaten oil supplies. Bulgaria's largest refinery also faces shutdown risks due to sanctions on Russian companies, prompting government intervention and negotiations with potential buyers. The situation highlights regional energy security concerns.