US Warns of Penalties for Use of 'False Flags' to Evade Iran Sanctions - Treasury

NAMPA / Sputnik
2026-11-04
WASHINGTON, November 4 (RIA Novosti) - The US Office of Foreign Assets Control (OFAC) on Wednesday warned that those assisting vessels using "fraudulent flags" to circumvent sanctions against Iran could face penalties. "The Office of Foreign Assets Control (OFAC) is issuing this alert … to highlight the substantial risk of designation or penalties for providing services to vessels using false flags to evade U.S​​​. sanctions on Iran," the documen......
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