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2026-05-18 Settlement with Adani Enterprises Limited [IRAN]

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Why it matters

Treasury settled with Adani Enterprises Limited for $275,000,000 to resolve 32 apparent violations of OFAC's Iran sanctions arising from the company's purchase of Iranian-origin LPG through a Dubai intermediary.

The $275,000,000 civil penalty with Adani Enterprises Limited is among the largest OFAC settlements on record; no enforcement action of comparable scale appears in the 90-day baseline (largest prior: $3,777,000), and no India-headquartered conglomerate has been an OFAC enforcement target in recent baseline history.

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