Director, Office of Foreign Assets Control (OFAC)
Appears in 2 stories
"General License S" was issued by OFAC Director Bradley T. Smith.
Signed the time-limited General License S tied to the December 18 designations
Treasury just hit Iran's oil-smuggling "shadow fleet" where it actually hurts: the ships. On December 18, 2025, OFAC blocked 29 vessels and a web of managers and front-company operators that keep Iranian oil moving when the paperwork is fake and the GPS goes dark.
Updated Yesterday
Signed the December 17, 2025 general licenses extending Sakhalin-2 and civil nuclear authorizations
Sanctions are supposed to close doors. On December 17, the U.S. quietly propped two doors back open again, even as it slammed others shut. One narrow lane keeps Sakhalin-2 crude flowing to Japan; the other preserves financial channels for civil nuclear projects, even when payments touch sanctioned Russian banks—both running through June 18, 2026.
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