New York Times
• ZANE IRWIN
The United States is threatening sanctions against any country or entity that engages with Iran’s gold, digital-assets, aviation, shipping or technology industries. The measure extends economic pressure beyond Iranian oil, increasing potential compliance exposure for companies and counterparties operating across these sectors.
Export Controls & Trade Compliance
Latest source-backed stories
The United States is threatening sanctions against any country or entity that engages with Iran’s gold, digital-assets, aviation, shipping or technology industries. The measure extends economic pressure beyond Iranian oil, increasing potential compliance exposure for companies and counterparties operating across these sectors.
The UK plans to transfer Storm Shadow/SCALP missile blueprints to enable local assembly in Ukraine alongside France, while the low-cost, long-range Brakestop project advances. Separately, Ukrainian company General Cherry says it is already producing Bullet interceptors and Air Speed FPV UAVs in Finland.
A Canadian judge has rejected Volga-Dnepr Airlines’ request for relief from sanctions affecting its Antonov An-124-100. The decision leaves the Russian cargo operator subject to Canada’s sanctions framework and underscores the continuing legal and operational constraints on sanctioned aerospace assets and their operators.
Chinese customs data show that exports of rare-earth yttrium to the U.S. increased in July, potentially providing near-term relief to aerospace buyers. The material is used in critical aviation applications, making export flows an important indicator for companies managing supply-chain exposure to China.
The European Union has sanctioned the head of a Roscosmos subsidiary involved in developing a synthetic aperture radar satellite system for the Russian military. The action expands pressure on Russia’s space industry and targets leadership linked to military space capabilities.
The White House is imposing new import duties on drones and related components under a national-security rationale, with rates ranging from 25% to 100%. Lower tariffs will apply to qualifying allied supply chains, while the policy is designed to encourage domestic drone manufacturing and pressure users toward U.S.-made systems.
Ethiopian Airlines says it cannot repatriate $90 million in ticket revenue held in overseas markets, including $45 million trapped in Russia because of financial sanctions imposed after the war in Ukraine. The blocked funds underscore the cash-flow and settlement risks sanctions create for international carriers.
The U.S. Treasury Department has removed Iraqi airline Fly Baghdad and two of its Boeing 737s from counterterrorism sanctions, ending restrictions imposed two years ago. The action restores the airline and the aircraft to a less constrained position under the U.S. sanctions regime.
Create a free account to see more recent Export Controls & Trade Compliance stories and keep bookmarks in one place.
