Office of Foreign Assets Control Stresses Thorough U.S. Sanctions Diligence for Energy ...
Source: Sidley
Published:
<p>On May 18, 2026, the U.S. Department of the Treasury Office of Foreign Assets Control ( OFAC ) announced a $275 million settlement with Adani Enterprises Limited ( AEL ), an Indian company that allegedly purchased Iranian-origin liquified petroleum gas ( LPG ) in apparent violation of U.S. sancti