Office of Foreign Assets Control
The US Treasury unit that designates sanctioned people, companies and vessels.
Role in each timeline
- Hormuz Disrupted: The Closure, the Reopening That Did Not Hold, and $114 Oil
Took action against Ali Ansari and designated firms in an IRGC-backed maritime-insurance scheme.
Office of Foreign Assets Control across every timeline
Every dated entry that names Office of Foreign Assets Control, from all 1 timeline, newest first.
- OFAC designates firms in an IRGC-backed insurance scheme Regulatory
OFAC said it was designating two firms involved in an IRGC-backed scheme. The scheme forced commercial vessels to purchase mandatory maritime insurance to transit the Strait of Hormuz.
on Hormuz Disrupted: The Closure, the Reopening That Did Not Hold, and $114 Oil - OFAC action includes more than 50 people, entities and vessels Regulatory
OFAC said its action included more than 50 individuals, entities, and vessels connected to Mohammad Hossein Shamkhani and the Iranian regime. Treasury published the action on 14 July.
on Hormuz Disrupted: The Closure, the Reopening That Did Not Hold, and $114 Oil - OFAC acts after Iran resumes attacks on shipping Regulatory
OFAC took action against Iranian financial facilitator Ali Ansari. Treasury said the action followed Iran's resumption of attacks on international shipping in the Strait of Hormuz.
on Hormuz Disrupted: The Closure, the Reopening That Did Not Hold, and $114 Oil