Key Metrics
43.18
Heat Index-
Impact LevelMedium
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Scope LevelGlobal
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Last Update2026-04-28
Key Impacts
Positive Impacts (5)
Negative Impacts (10)
Event Overview
The US Treasury's Office of Foreign Assets Control (OFAC) has expanded sanctions against Iran, including the freezing of cryptocurrency assets worth $34.4 billion. The sanctions target Iranian individuals, entities, and financial systems, aiming to increase economic pressure and restrict Iran's global commercial activities.
Collect Records
US Treasury Prohibits Payment of Strait of Hormuz Security Fees to Iran
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a document prohibiting US individuals, entities, and foreign institutions under their control from paying security transit fees for the Strait of Hormuz to Iran or the Islamic Revolutionary Guard Corps. The OFAC also warned that non-US parties engaging in such payments would face significant sanctions risks. On the same day, the office added 17 individuals and 18 entities to the sanctions list related to Iran.
Hengli Petrochemical Clarifies Subsidiary's Inclusion on US Treasury SDN List
Hengli Petrochemical has clarified that its subsidiary has been included on the Specially Designated Nationals (SDN) list by the US Treasury. The company emphasizes that it has never engaged in trade with Iran and ensures that its crude oil suppliers are not subject to US sanctions. Hengli Petrochemical states that its current production and operations are normal, with facilities running at high capacity. The company has sufficient crude oil reserves to meet more than three months of demand, and procurement activities have not been affected. Hengli Petrochemical firmly opposes the unjustified sanctions and will take legal action to protect its rights.
US Treasury Announces New Sanctions on Iran, Freezes $34.4 Billion in Crypto Wallets
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) announced new sanctions against Iran on April 24. The sanctions include updates to the 'Specially Designated Nationals List' and the freezing of multiple cryptocurrency wallets associated with Iran, involving approximately $34.4 billion in assets. The Treasury Secretary stated that this action is one of the financial sanction measures targeting Iran.
U.S. Treasury Updates Sanctions List Targeting Iranian Individuals, Entities, and Aviation Assets
The U.S. Treasury updated its sanctions list on April 21, adding multiple Iranian individuals, businesses, and aviation assets. The new sanctions are focused on counterterrorism and non-proliferation, targeting Iran and its transnational commercial networks in the Middle East and other regions. The aim is to increase restrictions on Iran's financial, logistical, and aviation systems.