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OFAC took three designation actions between July 10 and July 14, 2026. Two target Iran and are expressly framed as a response to Iran’s resumption of attacks on shipping in the Strait of Hormuz; the third targets the service providers behind ransomware operations.

The online Portal is designed to improve the efficiency of the delisting process by prompting petitioners to provide key information at the outset of a matter, rather than through multiple follow-up questionnaires that can delay OFAC’s review.

OFAC settlements with Adani Enterprises and FTI Consulting share a common message: OFAC will hold sophisticated, U.S. and foreign companies responsible for the economic realities of their transactions.

On May 28, 2026, the U.S. State Department designated Brazilian criminal organizations Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) as Specially Designated Global Terrorists (SDGTs), effective immediately. Both groups will also be designated Foreign Terrorist Organizations (FTOs), effective June 5, 2026.  PCC and CV are now in the same legal category as Hamas and Hezbollah. Banks and multinationals penalized for dealings with those organizations face identical exposure for PCC or CV ties. 

The United States government has dramatically escalated sanctions pressure against Iran since early 2025, culminating in an unprecedented campaign — designated “Economic Fury” — that has produced more than 1,000 designations of Iran-related persons, vessels, and aircraft in approximately fifteen months. This article provides a comprehensive discussion of recent actions taken by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the legal authorities invoked, the categories of actors targeted, and the general licenses issued.