The State Department has revoked the foreign terrorist organization designation of al-Nusrah Front, also known as Hay’at Tahrir al-Sham, the agency said in a Federal Register notice this week. The move, effective July 8, is in line with President Donald Trump’s mandate to deliver sanctions relief to Syria, the State Department said.

The Office of Foreign Assets Control this week revised and extended a Venezuela-related license that authorizes certain transactions related to liquefied petroleum gas. General License 40D, which replaces 40C, authorizes certain transactions that are "ordinarily incident and necessary to the delivery and offloading" of liquefied petroleum gas in Venezuela involving the government, state-owned Petroleos de Venezuela or any entity owned 50% or more by PdVSA. Those transactions are authorized through 12:01 a.m. ET Sept. 5 as long as the liquefied petroleum gas was loaded on a vessel on or before July 7.

A California-based digital interface design company said in its initial public offering this month that it may have violated U.S. sanctions.

The U.K. on July 3 added three financial sanctions FAQs covering what constitutes an "economic resource" and when licenses are required from the Office of Financial Sanctions Implementation if licenses have been issued by a "Crown Dependency or Overseas Territory."

The U.S. and its allies should consider using additional sanctions to force Iran back to the negotiating table over its nuclear weapons program, although more sanctions also risk pushing Iran to cooperate even more closely with China, Russia and North Korea, a former Pentagon official said last week.

The Office of Foreign Assets Control last week sanctioned a network of people, entities and ships for transporting and buying billions of dollars’ worth of Iranian oil, some of which has benefited Iran’s Islamic Revolutionary Guard Corps-Qods Force. OFAC said some of companies are run by Iraqi businessman Salim Ahmed Said, who the agency said smuggles Iranian oil disguised as Iraqi oil.

The U.S. last week sanctioned seven senior officials and one entity linked to the Hezbollah-controlled and sanctioned financial institution Al-Qard Al-Hassan. The Office of Foreign Assets Control said the officials served in senior management roles for Al-Qard Al-Hassan and have helped it evade U.S. sanctions, allowing Hezbollah to access the "formal financial system."

The U.K. on July 1 amended three entries on its Russia sanctions list by updating the listings for two people and one entity. The Office of Financial Sanctions Implementation updated the spellings for the entries of two individuals: Yegor Yurievich Karasev, executive at RNCO Banking Zone, and Anatoliy Moiseevich Cherner, deputy director for general-logistics and sales for Gazprom Neft. OFSI also updated the listing for the Main Directorate of Deep-Sea Research of the Ministry of Defence of the Russian Federation.

The Office of Foreign Assets Control removed sanctions from Gold Miles Ltd., a Hong Kong-based company designated in 2023. The firm was sanctioned for being owned by Ireland national John Desmond Hanafin, owner of Huriya Private FZE LLE, which OFAC sanctioned for helping to move Russian financial assets into the United Arab Emirates. OFAC didn't release more information about the delisting.

President Donald Trump this week ordered his administration to evaluate existing financial restrictions against Cuba to help “channel funds toward the Cuban people and away” from the Cuban government.