As the Trump administration ramps up pressure on Iran’s oil trade and warns shippers against paying tolls for passage through the Strait of Hormuz, questions persist about how aggressively US sanctions will be enforced. Against this backdrop, legal experts say the administration’s designation of the Revolutionary Guard as a terrorist entity could broaden global compliance and strengthen enforcement capabilities.
Washington has labeled the Revolutionary Guard a state sponsor of terrorism, “and sanctions on terrorist organizations are essentially globally recognized,” so it “does make the sanctions compliance a little more comprehensive around the world,” Bracewell’s Meg Beasley told Energy Intelligence.
It also strengthens OFAC’s capacity for enforcement, which involves “intelligence gathering capabilities through US law enforcement, but also their partnerships with law enforcement and allies around the world,” Beasley said.
