OFAC publishes updated Iran FAQs on supplying fuel to vessels

OFAC has updated FAQ 296 and has published new FAQs which relate to the provision of bunkering services (supplying fuel) to Iranian and non-Iranian vessels. OFAC Notice. Iranian Vessels The FAQs specify that “the bunkering by non-U.S. persons of an Iranian vessel that has been identified as blocked property of an Iranian person […] – or that make related payments …

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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