The U.S. Treasury has sanctioned a global maritime network shipping Iranian oil to China, linked to Iran's Armed Forces General Staff. The move targets oil revenues fueling Iran's nuclear, missile, and terrorism programs. This follows a renewed "maximum pressure" campaign to curb Iran's destabilizing activities. Read more:

Join us next week for a discussion with OTSI’s deputy director, Anna Deibel-Jung and Kharon’s Director of Global Outreach, Freya Page on OTSI’s mission and their critical role in engagement, licensing, and enforcement for 2025. Staying ahead of evolving trade sanctions in the UK & EU is essential. Don’t miss this opportunity to get key insights directly with OTSI leadership:

As part of our continued work with the Automotive Industry Action Group to help the automotive sector navigate forced labor risks within supply chains, we are hosting a series of webinars with our partners, Resilinc, Altana and SUPPLIERASSURANCE. Learn more and register here:

The automotive and aerospace industries have surpassed electronics as the top target of U.S. Customs and Border Protection enforcement. Read more about this shift in enforcement on the Kharon Brief:

This February, connect with our team and tune in to insightful discussions through industry events and live webinars. For a full view of our events calendar, visit

In a recent case, an Australian Federal court ruled that a company would have violated Australian sanctions by fulfilling contracts with an entity in which two sanctioned persons held minority ownership interests. Join Norton Rose Fulbright’s Charles Nugent-Young, NAB’s Adam Ruff, and Kharon’s Dane Shelly as they discuss this recent ruling and its implications for private sector due diligence:

The EU has renewed sanctions on Russia until July 2025, despite Hungary’s threat to veto. The path forward for the EU on Russian sanctions, however, seems anything but clear—in part because Hungary isn’t the only potential outlier. Read More:

Join us on February 13 at 11 AM GMT for a conversation with OTSI’s Deputy Director, Anna Deibel-Jung and Kharon’s Freya Page. We will provide a comprehensive overview of OTSI’s mission and discuss their critical role in engagement, licensing, and enforcement for 2025. Register here:

In a major shift, CBP has focused enforcement on the auto and aerospace sectors in 2025. These industries now lead in UFLPA-related detentions, surpassing electronics. Learn more about this increase in enforcement:

January was a major month for new sanctions and evasion guidance. Read some of this months highlights on the Kharon Brief:

The U.S. government added three publicly traded Chinese companies to its UFLPA Entity List. These companies’ securities are held in funds offered by major U.S., European and Canadian asset management firms. A recent Kharon Brief article examines these new additions:

This Month, OFAC sanctioned Integrity Technology Group for supporting a Chinese state-sponsored cyber group, Flax Typhoon, which has been targeting critical U.S. infrastructure since at least 2021. Learn more:

Last week, the U.S. added three publicly traded Chinese companies to the UFLPA Entity List over links to forced labor in Xinjiang. Held in major Western investment funds and with a $50 billion market cap, their forced labor ties raise risks for investors. The Kharon Brief gives you the essential information on these entities:

Kharon will be sponsoring the Academic & Security Counter Exploitation (ASCE) program on February 25-27 in College Station, TX. Learn more about the event here:

According to trade data reviewed by Kharon, two factories have supplied more than $170 million worth of cellulose, a key ingredient in explosives, to Russian munitions factories, defense contractors, and other military end users. Learn more about these factories and their Russian ties:

Watch the full webinar on demand:

Yesterday, DHS added 37 entities to the UFLPA Entity List. In a previous webinar, we shared our research on two of these entities, Hongyuan Green Energy Co., Ltd. and its subsidiary, Hongyuan New Materials (Baotou) Co., Ltd. Read the full announcement from DHS: Watch our webinar on forced labor in the solar supply chain:

The U.S. Department of Defense added 70 new entities to its list of Chinese military companies, including Tencent, CATL and COSCO Shipping. Their stock values dropped sharply following the designation. Read more: