On August 24, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced “Operation Economic Outcast,” a series of economic sanctions measures targeting Iran and persons that continue to maintain economic ties with Iran or facilitate the Iranian government’s access to financial resources despite already-robust U.S. primary and secondary sanctions. The … Continue reading OFAC Launches “Operation Economic Outcast,” Expanding Secondary Sanctions Risks for Iran-Related Business