Nikita Jhunjhunwala

1 month ago | herbertsmithfreehills.com | Jonathan Cross |Christopher Boyd |Yash Dattani |Nikita Jhunjhunwala

On February 24, 2025, the US Department of Treasury’s Office of Foreign Assets Control (“OFAC”), and the US Department of State imposed sanctions on dozens of persons and oil tankers across Iran, China, India, the United Arab Emirates, and other jurisdictions pursuant to Executive Orders (“E.O.”) 13902 and 13846. The action stems from the growing interest by the new Trump administration’s maximum pressure campaign to target the export of Iranian oil.

1 month ago | lexology.com | Jonathan Cross |Christopher Boyd |Yash Dattani |Nikita Jhunjhunwala

On February 24, 2025, the US Department of Treasury’s Office of Foreign Assets Control (“OFAC”), and the US Department of State imposed sanctions on dozens of persons and oil tankers across Iran, China, India, the United Arab Emirates, and other jurisdictions pursuant to Executive Orders (“E.O.”) 13902 and 13846. The action stems from the growing interest by the new Trump administration’s maximum pressure campaign to target the export of Iranian oil.