US’s Treasury Dept. blocks, seizes website of ‘Iran’ newspaper
Press TV – The US Treasury Department’s Office of Foreign Assets Control (OFAC) has, in an arbitrary move, blocked and seized the…
Tag Archives: OFAC
Transatlantic call to ease humanitarian trade with Iran due to the COVID-19 pandemic
Iran Review – A bipartisan group of two dozen American and European national security leaders issue a joint statement urging the US…
Trump’s sanctions are losing their bite
Bloomberg | James Gibney: In his three years in office, President Donald Trump has placed more people under sanctions than he has…
Facebook, Instagram shut down pages of famous Iranian academic in total denial of freedom of expression
FNA – Social networking websites Facebook and Instagram both disabled the accounts of renowned Tehran University Professor and analyst Seyed Mohammad Marandi…
Website of Iran’s Fars news agency blocked by US Treasury
Press TV – Iran’s Fars news agency says its website has been blocked after the US Treasury Department blacklisted the media group.…
An opportunity in Iran’s latest tragedy
Bourse and Bazaar | Esfandyar Batmanghelidj: Iran has sought international assistance in the investigation of the crash of Ukraine International Airlines Flight…
US assures banks on dollar dealings with China’s COSCO hit by Iran sanctions
Reuters – The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on a Dalian unit…
New Trump Admin channel for Iran humanitarian trade comes with a killer catch
Bourse and Bazaar | Esfandyar Batmanghelidj: The Treasury Department has announced that it will operationalize a financial channel to ease humanitarian trade…
Political risks outweigh legal impact of IRGC terrorism designation
Bourse and Bazaar | Tyler Cullis: The Trump administration announced the designation of the Islamic Revolutionary Guards Corps (IRGC)—a branch of Iran’s…
Here’s how the United States can help Iran’s flood recovery
Bourse and Bazaar | Esfandyar Batmanghelidj: Over the last two weeks, Iran has been ravaged by unprecedented floods, resulting in over 60…
How a Norwegian plane got tangled in Iran’s sanctions web
Bloomberg | Ladane Nasseri: The 737 Max aircraft made an emergency landing in Shiraz on Dec. 14 after developing engine problems while…
Norwegian air jet stranded in Iran finally arrives home
Bloomberg – A Norwegian Air Shuttle ASA aircraft stranded in Iran for more than two months because of U.S. sanctions against the…
Iran Air chief: ATR applies for US permission to deliver Iran planes
Tasnim – The CEO of Iran Air said ATR aircraft manufacturer has requested permission from the Office of Foreign Assets Control (OFAC)…
Use of Superjets by Iran ‘out of question for now’
Press TV- The use of Sukhoi Superjet 100 aircraft in Iranian airlines has been put on hold for now because the Russian…
MP says ‘American spies’ visited Iran as civilian experts
Radio Farda – Members of a “US military group” who visited Iran were “presumably” spies, the chairman of the Public Works Commission…
Iranian bitcoin users are already being affected by new US sanctions
CoinDesk | Leigh Cuen: On Wednesday, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced that two bitcoin addresses tied to…
Iran lambasts new US sanctions over alleged oil shipments to Syria
Sputnik – Tehran has condemned Washington’s latest sanctions, calling them irrational and ineffective, Iranian Foreign Ministry spokesman Bahram Qassemi said in a…
US sanctions Iran for alleged oil shipping to Syria
IRNA – The US Department of Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 9 individuals and entities for the so-called…
Fears grow that Trump sanctions will throttle Iran’s humanitarian trade
Bourse and Bazaar | Maziar Motamedi: The second and final sanctions deadline of November 4 is drawing near. After this date, unilateral…
Iran: The case for protecting humanitarian trade
Bourse and Bazaar | Ellie Geranmayeh: A crisis is looming in Iran’s healthcare sector: patients are reporting shortages in life-saving medicine. The…
Ambiguity in Trump sanctions could put humanitarian trade with Iran at risk
Bourse and Bazaar | Esfandyar Batmanghelidj: In the years prior to the nuclear deal, when Iran was under broad international sanctions, the…
JCPOA meeting discuss OFAC aviation certificates
IRNA – The Office of Foreign Assets Control (OFAC) certificates in aviation field were discussed in the JCPOA joint commission held in…
American medical company Second Sight enters Iranian market
Bourse and Bazaar | Esfandyar Batmanghelidj: Second Sight, a publicly-listed American company which develops and manufacturers visual prosthetics, has announced its market…
Iran sanctions policy increasingly throttles free trade in ideas
LobeLog | Esfandyar Batmanghelidj: In 1988, as legislators were creating the legal basis for the modern use of economic sanctions as a…
US shipping firm to pay over $500,000 for violating Iran sanctions 140 times
Sputnik News– The US shipping firm Blue Sky Blue Sea has agreed to pay more than half-a-million dollars for violating sanctions against…
A Swedish training program may hold the answer to Iran’s banking challenges
Bourse and Bazaar|Esfandyar Batmanghelidj: For nearly a year, “banking challenges” have vexed business leaders and investors seeking to work in Iran. While…
OFAC issues license to Boeing for delivery of planes to Iran
IRNA – US Treasury Office of Foreign Assets Control (OFAC) issued license to Boeing for delivery of 15 passenger planes to Iran.…
Araghchi: OFAC opened better ways for banking transactions with Iran
TEHRAN, Oct. 16 (MNA) – Iran’s deputy FM said despite certain challenges facing the implementation of the JCPOA, OFAC has modified some…
US ‘terrorizing’ Europe into avoiding Iran
A senior Iranian official says the US is terrorizing the Europeans into shunning business with Iran despite the lifting of sanctions under…
Aircraft manufacturers await OFAC license to enter Iranian market
TEHRAN, Aug. 29 (MNA) – Directors of Brazil’s Embraer S.A. have arrived in Tehran to hold negotiations with Iranian counterpart while OFAC’s…
U.S. sanctions agency beefs up staff to help implement Iran deal
The chief U.S. agency in charge of implementing sanctions has added staff to help speed up processing applications from businesses hoping to…
Iran deal offers faint hope for Iranian-American banking woes
The Iran nuclear pact could eventually help thousands of Iranian-Americans who have struggled with red tape, shuttered accounts, and even criminal prosecution to conduct…
Deutsche Boerse Unit, OFAC to enter talks on Iran
Deutsche Boerse AG (DB1.XE) said Wednesday its Clearstream subsidiary will enter settlement talks with the U.S. Treasury Department Office of Foreign Assets…