Petroleum & United States — Office of Foreign Assets Control
9 shared events · Importance 4 · Last updated Jun 11, 2026
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International
Petroleum: Petroleum prices have risen to a three-week high due to supply disruption risks in the Strait of Hormuz. The conflict and sanctions could further tighten supply, benefiting producers but hurting consumers.
United States — Office of Foreign Assets Control: OFAC is the enforcement arm for sanctions, having imposed measures on over 1,000 people, vessels, and aircraft. Its actions are central to the economic pressure campaign against Iran and its partners.
Aug 20, 2026 · 73 articles
International
Petroleum: Prices retreated from $118 to $85, but supply remains disrupted.
United States — Office of Foreign Assets Control: OFAC sanctions entities and vessels involved in Iran's shipping network.
Apr 08, 2026 · 416 articles
International
Petroleum: Petroleum prices fell on expectations of a deal, indicating market sensitivity to the potential reopening of the Strait of Hormuz and increased supply.
United States — Office of Foreign Assets Control: The United States — Office of Foreign Assets Control>>>, part of the United States>>> Department of the Treasury, added an Iran>>>-based procurement network to its Specially Designated Nationals List.
May 24, 2026 · 104 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz>>> have caused significant volatility and price increases for Petroleum>>>.
United States — Office of Foreign Assets Control: The United States — Office of Foreign Assets Control issued warnings to financial institutions and ships regarding sanctions risks associated with importing Iranian oil and making 'toll' payments for passage through the Strait of Hormuz.
May 07, 2026 · 362 articles
International
Petroleum: Petroleum prices rocketed due to the closure of the Strait of Hormuz and increased sharply after Donald Trump dismissed Iran's peace proposal.
United States — Office of Foreign Assets Control: The United States — Office of Foreign Assets Control>>>, part of the US Department of the Treasury, added the Persian Gulf Strait Authority to its Specially Designated Nationals list.
May 12, 2026 · 71 articles
International
United States — Office of Foreign Assets Control: The United States — Office of Foreign Assets Control is the U.S. government agency that officially announced the lifting of sanctions on Delcy Rodríguez.
Apr 01, 2026 · 13 articles
International
United States — Office of Foreign Assets Control: The United States — Office of Foreign Assets Control issued warnings to financial institutions and ships regarding sanctions risks associated with importing Iranian oil and making 'toll' payments for passage through the Strait of Hormuz.
Apr 22, 2026 · 302 articles
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