Latest OFAC News & Updates

Tehran, May 18 (IANS) The United States has agreed to waive Iran’s oil sanctions during negotiations, Iranian media claimed on Monday citing sources.According to Iran’s semi-official Tasnim news agency, the waiver by the US means temporary relinquishment of sanctions, while Iran insists on the removal of all sanctions against the country as part of the US commitments.The US proposed waiver of OFAC (Office of Foreign Assets Control) sanctions until a final understanding is reached, the agency…