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U.S. Announces Sweeping New Sanctions Targeting Russia

On April 15, 2021, President Biden issued Executive Order 14024 (the EO), imposing new sanctions on the Russian Federation in response to foreign election interference in the 2020 U.S. federal election and the SolarWinds...more

U.S. Lowers the (Oil) Boom on Venezuela

As part of the U.S. strategy to isolate the Maduro regime in Venezuela and support Venezuelan opposition leader Juan Guaidó, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Venezuela’s...more

OFAC Announces Imminent Termination of Rusal Sanctions

The Department of Treasury’s Office of Foreign Asset Control (OFAC) has officially notified the U.S. Senate of its decision to terminate sanctions imposed on En+ Group PLC (En+), United Company Rusal PLC (Rusal), and JSC...more

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