First OFAC alert explicitly targeting teapot oil refinery transactions with Iran; only the second advisory in 90 days, and the first sector-specific petroleum-refinery alert in that period.
2026-04-28 Publication of Iran-related OFAC Alert — Sanctions Risk of Dealing with Teapot Oil Refineries
Published
Why it matters
Treasury published an OFAC Alert titled 'Sanctions Risk of Dealing with Teapot Oil Refineries,' warning of exposure from transactions with Chinese independent refineries processing Iranian crude.
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