The U.S. Treasury has sanctioned Hamas-linked charities and advocacy groups operating in Gaza and abroad, blocking assets and warning of secondary sanctions risks.

The Treasury Department on Friday expanded sanctions pressuring the Iranian regime, targeting a network of “shadow fleet” vessels and associated companies that have moved Iranian oil. The Treasury’s Office of Foreign Assets Control said in a news release that the plan to target the shadow fleet is retribution for the Iranian government’s treatment of peaceful

OFAC is targeting nine shadow fleet vessels and their respective owners or management firms that, it sa, have collectively transported hundreds of millions of dollars’ worth of Iranian oil and petroleum products to foreign markets.

The Treasury Department announced its Office of Foreign Assets Control will target and place sanctions on nine Iranian shadow fleet vessels and their owners who allegedly transported hundreds of millions in Iranian oil and petroleum to foreign markets.

The United States Treasury’s Office of Foreign Assets Control (OFAC) sanctioned seven entities linked to Hamas’s covert support network. The sanctions add to a lengthy history of the group leveraging nongovernmental organizations and sham charities to raise funds for terrorism.

U.S. sanctions policy is facing a complicated year as officials navigate shifting geopolitical pressures, evolving strategies and potential legal constraints. U.S. policymakers must strike the right balance between providing reliable sanctions relief and ...

Oil prices extended gains, driven by concerns over Iran and a cold blast in the U.S. threatening oil production.