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National Security Act of 2024 extends statute of limitations for sanctions violations to 10 years

The measure also harmonizes Russia sanctions rules with allies, and intensifies penalties against Iran - The National Security Act, 2024 (Pub. L No 118-50) was enacted on April 24, 2024. In addition to the Act’s provisions...more

Iran sanctions update – US announces it will not re-issue sanctions waivers for Iran oil imports to any country

On Monday, the United States announced that it would not extend the temporary waivers that were granted to eight countries last November allowing them to purchase Iranian oil without threat of sanctions. The temporary waivers...more

US reimposes sanctions against Iran’s energy sector despite European opposition

As of November 5, 2018, US secondary sanctions against Iran are back in force, and more than 700 Iranian individuals and entities have been re-added or newly added to the US Specially Designated Nationals and Blocked Persons...more

The U.S. and Other Nations Reach Historic Nuclear Deal with Iran

On July 14, the P5+1 (China, France, Russia, the United Kingdom, the United States and Germany) reached a historic nuclear agreement with Iran, following almost two years of negotiations. Under the Joint Comprehensive Plan of...more

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