I’m not quite sure what to make of this story of a Fulbright scholar in Norway who appears to get caught up in an OFAC-screening imbroglio and can’t pay her rent. Fortunately, the problem mysteriously disappeared before she winds up…
ABOVE: Bandar Abbas Port, Iran I had an inquiry recently to list all of the Iranian ports managed by Tidewater Middle East which was recently placed on the list of Specially Designated Nationals and Blocked Persons List (the “SDN List”)…
The Senate Energy and Natural Resources Committee held a hearing yesterday, reported here by the Oil & Gas Journal, on the possible impact of exploratory oil drilling by non-U.S. companies in Cuban territorial waters in the Gulf of Mexico. Michael…
A Federal Register notice is scheduled to be published tomorrow in which the Office of Foreign Assets Control (“OFAC”) announces the issuance of a general license for the export of food to Iran and Sudan. Previously, although the Trade Sanctions…
ABOVE: Flowserve HQ The Bureau of Industry and Security (“BIS”) announced on Monday that Texas-based manufacturer Flowserve agreed to pay $2.5 million to settle charges that the company and its foreign affiliates to settle BIS’s allegation of 288 violations of…