International Sanctions · June 2026

European Union

Russia

On 15 June 2026, the EU published in its Official Journal Council Regulation (EU) 2026/1336 of 15 June 2026, amending Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. This amendment conditionally eases the restrictive measures against certain assets, provided that transactions with Yangzhou Yangjie Electronic Technology Co., Ltd. are terminated by 31 December 2026 at the latest.

Furthermore, on 15 June 2026, Council Implementing Regulation (EU) 2026/1356 of 15 June 2026 was published in the Official Journal of the EU (OJEU), implementing Regulation (EU) 2024/2642 concerning restrictive measures in view of Russia’s destabilising activities. This measure adds ten individuals and one entity to the sanctions list.

Similarly, on 15 June 2026, Council Implementing Regulation (EU) 2026/1361 of 15 June 2026 was published in the Official Journal of the EU, implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

By means of this Implementing Regulation, the Council considers that nine persons and forty-five entities should be added to the list of persons, entities and bodies subject to restrictive measures.

Similarly, on 15 June 2026, Council Implementing Regulation (EU) 2026/1362 of 15 June 2026 was published in the Official Journal of the EU, implementing Regulation (EU) 2024/1485 concerning restrictive measures in view of the situation in Russia, was published in the Official Journal of the EU. This Regulation adds individuals to the EU’s sanctions list in connection with the death of Alexei Navalny.

On 15 June 2026, Council Decision (CFSP) 2026/1333 of 15 June 2026 was published in the Official Journal of the EU, amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

Also on 15 June 2026, Council Decision (CFSP) 2026/1351 of 15 June 2026 is published in the Official Journal of the EU, amending Decision (CFSP) 2024/2643 concerning restrictive measures in view of Russia’s destabilising activities.

On 15 June 2026, coinciding with the previous publications, Council Decision (CFSP) 2026/1363 of 15 June 2026 is also added to the list of publications in the Official Journal of the EU, amending Decision (CFSP) 2024/1484 concerning restrictive measures in view of the situation in Russia.

On 15 June 2026, the EU likewise published in its Official Journal Council Decision (CFSP) 2026/1364 of 15 June 2026, amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

On 16 June 2026, Council Decision (CFSP) 2026/1360 of 15 June 2026 is published, amending Decision 2014/386/CFSP  concerning restrictions on goods originating in Crimea or Sevastopol, in response to the illegal annexation of Crimea and Sevastopol.

On 19 June, corrections to errors concerning individuals subject to sanctions in relation to the restrictive measures imposed on Russia were also published:

On 25 June 2026, a Corrigendum to Council Implementing Regulation (CFSP) 2026/1225 of 8 June 2026 was published in the Official Journal of the European Union, implementing Regulation (EU) 2023/1529 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region as well as Iran’s actions undermining freedom of navigation in the Middle East (OJ L, 2026/1225, 8.6.2026).

On 26 June 2026, Council Decision (CFSP) 2026/1437 of 25 June 2026, amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine, was published in the Official Journal of the European Union. Certain terminology and textual references in the law are amended.

On 26 June 2026, the Corrigendum to Council Regulation (EU) 2024/1485 of 27 May 2024 imposing restrictive measures in view of the situation in Russia (OJ L, 2024/1485, 27.5.2024).

Furthermore, on 26 June 2026, another Corrigendum to Council Decision (CFSP) 2024/1484 of 27 May 2024 on the adoption of restrictive measures in view of the situation in Russia (OJ L, 2024/1484, 27 May 2024) is published in the Official Journal of the European Union.

On 29 June 2026, the OJEU published a further corrigendum to Council Decision (CFSP) 2025/931 of 20 May 2025, amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/931, 20 May 2025).

Moldova

On 15 June 2026, Council Implementing Regulation (EU) 2026/1358 of 15 June 2026 implementing Regulation (EU) 2023/888 concerning restrictive measures in view of actions destabilising the Republic of Moldova, is published in the Official Journal of the EU. Entries on the sanctions list are replaced, as determined by the Council, on the grounds that they are linked to persons and entities sanctioned by the EU, and Council Decision (CFSP) 2026/1357 of 15 June 2026 amending Decision (CFSP) 2023/891 concerning restrictive measures in view of actions destabilising the Republic of Moldova.

This Regulation establishes the European Union’s legal framework for freezing funds and prohibiting the financing of persons or entities that destabilise Moldova or threaten its sovereignty. It allows for specific exceptions controlled by Member States, such as the provision of basic necessities, legal expenses or strictly necessary humanitarian aid. Furthermore, it imposes an obligation on operators to report frozen funds, explicitly prohibits any attempt at circumvention, and requires effective national sanctions in the event of non-compliance. Its application covers the entire territory of the Union, as well as European citizens, aircrafts, vessels and companies worldwide. 

Iran

On 8 June 2026, Council Implementing Regulation (CFSP) 2026/1225 of 8 June 2026 was published in the Official Journal of the EU, implementing Regulation (EU) 2023/1529 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region as well as Iran’s actions undermining freedom of navigation in the Middle East, and Council Decision (CFSP) 2026/1226 of 8 June 2026, amending Decision (CFSP) 2023/1532 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region as well as Iran’s actions undermining freedom of navigation in the Middle East.

This Regulation adds one entity and several individuals of Iranian origin to the list of those subject to sanctions in connection with the conflict between Russia and Ukraine.

On 22 May 2026, Council Regulation (EU) 2026/1164 of 22 May 2026 amending Regulation (EU) 2023/1529 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region, and Council Decision (CFSP) 2026/1157 of 22 May 2026, amending Decision (CFSP) 2023/1532 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region were published.

Through these two legislative instruments, travel restrictions and asset freezes are imposed on individuals and entities which, according to the Council, are responsible for Iranian policies that undermine freedom of navigation in the Strait of Hormuz and Bab el-Mandeb.

Libya

On 15 June 2026, the European Union published in its Official Journal Council Regulation (EU) 2026/1332 of 12 June 2026, amending Regulation (EU) 2016/44 concerning restrictive measures in view of the situation in Libya, and Council Decision (CFSP) 2026/1334 of 12 June 2026, amending Decision (CFSP) 2015/1333 concerning restrictive measures in view of the situation in Libya.

This Regulation amends the restrictive measures concerning Libya to implement United Nations Security Council Resolution 2819 (2026), adjusting the criteria for inclusion on its sanctions list. It introduces a specific regime for the Libyan Investment Authority which allows it, subject to the approval of the Sanctions Committee, to invest its frozen cash reserves in low-risk deposits or fixed-income securities. It also authorises the transfer of these frozen funds between custodian financial institutions in order to change the global custodian, provided that the assets retain their value and remain strictly frozen.

Sudan

On 22 June 2026, the Official Journal of the EU published Council Implementing Regulation (EU) 2026/1393 of 22 June 2026, implementing Article 15(1) of Regulation (EU) No 747/2014 concerning restrictive measures in view of the situation in Sudan, adding two individuals to the EU sanctions list.

Furthermore, on 22 June 2026, Council Implementing Regulation (EU) 2026/1394 of 22 June 2026 was published, implementing Regulation (EU) 2023/2147 concerning restrictive measures in view of activities undermining the stability and political transition of Sudan. The Regulation published today removes one person from the sanctions list.

Similarly, on 22 June 2026, Council Decision (CFSP) 2026/1396 of 22 June 2026 was published in the Official Journal of the EU, amending Decision (CFSP) 2023/2135 concerning restrictive measures in view of activities undermining the stability and political transition of Sudan. In addition, Council Implementing Decision (CFSP) 2026/1390 of 22 June 2026, implementing Decision 2014/450/CFSP concerning restrictive measures in view of the situation in Sudan, is also adopted.

On 23 June, Council Implementing Regulation (EU) 2026/1402 of 22 June 2026 was adopted, implementing Regulation (EU) 2015/735 concerning restrictive measures in respect of the situation in South Sudan, which replaces a provision concerning a sanctioned individual in the aforementioned Regulation. In the same vein, Council Implementing Decision (CFSP) 2026/1401 of 22 June 2026, implementing Decision (CFSP) 2015/740 concerning restrictive measures in view of the situation in South Sudan, was adopted on the same day.

Terrorism

On 2 June 2026, Commission Implementing Regulation (EU) 2026/1211 of 2 June 2026 amending for the 357th time Council Regulation (EC) No 881/2002 imposing certain specific restrictive measures directed against certain persons and entities associated with the ISIL (Da’esh) and Al-Qaida organisations  was published in the Official Journal of the EU.

The Commission has therefore adopted this document, which removes seven entries from Annex I to Regulation (EC) No 881/2002; these entries mainly concern men of Pakistani origin linked to Daesh and Al-Qaida, some due to their death and others because they are presumed to have died.

 

United States

Russia

On 1 June 2026, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury announced a settlement agreement with FTI Consulting, Inc. (‘FTI’). Under the terms of this settlement, FTI agreed to pay US$1,050,000 to resolve its potential civil liability arising from apparent violations of OFAC’s sanctions programmes targeting the Russian financial sector.

On 24 June 2026, a list was published removing certain individuals of Russian origin from the list of sanctioned targets.

On 25 June 2026, OFAC issued General Licence 131G relating to Russia, concerning the authorisation of certain transactions for the negotiation and conclusion of contingent contracts for the sale of Lukoil International GmbH and related maintenance activities. For further information, click here.

In addition, OFAC has updated two Frequently Asked Questions relating to Russia: questions 1224 and 1225. The FAQs explain two OFAC licences that authorise the operational maintenance of Lukoil outside Russia and negotiations to sell its assets to non-sanctioned entities. It also clarifies that the final sale requires express authorisation and strictly prohibits any resulting funds from reaching the Russian Federation.

Iran

With regard to Iran, during the month of June, the Office of Foreign Assets Control (OFAC), which reports to the US Department of the Treasury:

On 2 June 2026, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury published a new Frequently Asked Question (FAQ 1257) relating to sanctions against Iran concerning Iran-based digital assets, together with updates to the Specially Designated Nationals List (SDN List).

In this context, individuals of Congolese and Iranian origin have been added to the OFAC sanctions list. Click on the link to find out more.

On 6 June 2026, a number of individuals and entities, mainly of Iranian and Emirati origin, were added to the list of sanctioned entities in Iran.

The Treasury Department’s OFAC has issued General Licence X relating to Iran, entitled ‘Authorizing the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Products of Iranian-Origin through August 21, 2026’.

On 29 June, a number of entities were removed from the sanctions list relating to Russia.

Cuba

On 4 June 2026, OFAC published a list of individuals and entities sanctioned by OFAC in connection with Cuba. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing one new Cuba-related Frequently Asked Question, FAQ 1258. In this FAQ, OFAC addresses the risk of sanctions for anyone conducting transactions with Grupo de Administración Empresarial S.A. (GAESA), the Cuban Ministry of the Interior or the Ministry of the Cuban Revolutionary Forces.

On 11 June 2026, the US Office of Foreign Assets Control (OFAC) announced key new regulatory changes: Licences GL 55F (authorising certain services related to the Sakhalin-2 energy project) and GL 115D (focusing on transactions for existing civil nuclear energy projects) have been issued. In addition, eight Frequently Asked Questions (FAQs 967, 978, 999, 1011, 1117, 1182, 1203 and 1216) have been amended to clarify compliance criteria. A further update has been made to the list of blocked persons and entities.

Venezuela

On 10 June 2026, OFAC issued General Licence 46C, authorising activities relating to Venezuelan gold, gas or oil. It also added a number of individuals and entities to the sanctions list, primarily of Chinese and Iranian origin. Furthermore, FAQs 1259 and 1260 were added. FAQ 1260 does not state that the requirement for contracts to be governed by US law applies solely to the interpretation of the contracts and the contractual obligations between the parties. FAQ 1259 states that General Licence (GL) 30B authorises transactions necessary for the operation and use of airports in Venezuela, including operational services, air navigation, fuel and the payment of government fees.

 On 18 June 2026, the US OFAC issued three general licences relating to Venezuela: 5X (PDVSA 2020 bonds), 24A (telecommunications and mail) and 59 (services for the airline Conviasa). The new measures authorise certain transactions and the provision of services with the aforementioned Venezuelan entities. In addition, the government office amended Frequently Asked Question (FAQ) 595 relating to sanctions against Venezuela. General Licence 5X extends until 4 August 2026 the authorisation to carry out transactions relating to the sale or transfer of CITGO shares used as collateral for the PDVSA 2020 bonds.

On 25 June 2026, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury issued General Licence 60 relating to Venezuela, concerning the authorisation of transactions connected with relief efforts following the earthquake in Venezuela. For further information, click here.

Congo

On 25 June 2026, a number of individuals linked to the Congo were added to the OFAC sanctions list, alongside others already subject to sanctions.

Terrorism

On 18 June 2026, OFAC made a number of Counter Terrorism Designations, adding to its SDN list individuals, mainly of Lebanese origin, and entities linked to Hezbollah.

On 22 June 2026, OFAC made a number of Counter Terrorism Designations, adding individuals linked to the Islamic State (ISIS) to its SDN list.

Miscellaneous

On 23 June 2026, OFAC approved a series of restrictive measures, including the designation of Transnational Criminal Organisations (commonly abbreviated as TCOs); Cuba-related designations, the removal (or withdrawal) of designations relating to Russia, the issuance of a general licence related to TCOs (Transnational Criminal Organisations); and the publication of a summary (or overview) of the collaboration between OFAC and the UK’s Office of Financial Sanctions Implementation (OFSI).

Other

Furthermore, on 1 June 2026, the Treasury Department’s Office of Foreign Assets Control (OFAC) published a guide entitled ‘Introduction to the Office of Foreign Assets Control’, to provide US and foreign individuals with a fundamental understanding of how OFAC sanctions work and how to comply with them, including how to apply for an OFAC licence, how a person can be removed from an OFAC sanctions list, and how OFAC enforces its sanctions. Click on the link to find out more.

On 29 June 2026, OFAC launched the new online Reconsideration Portal to drastically streamline applications for removal from its sanctions lists. This platform allows users to provide all the necessary information from the outset and to request the unclassified documents justifying their sanction. OFAC strongly recommends using this portal to speed up the processing of cases, as it will no longer accept requests via email in future. OFAC is updating its Frequently Asked Questions (FAQ 897) on how to be removed from the list, and has added the new FAQ 1261 and published two quick reference guides on ‘Best Practices for Delisting Petitions’ and ‘What to Include in your Delisting Petition’. Click here to find out more.

 

United Kingdom

Russia

On 9 June 2026, the UK’s Foreign, Commonwealth and Development Office (FCDO) added entities and individuals of Russian and Emirati origin to its sanctions list.

On 16 June 2026, the UK’s FCDO added a list of Russian entities subject to sanctions, including financial institutions and banks.

On 25 June 2026, a Russian bank was added to the sanctions list.

Israel

On 9 June 2026, the FCDO added to the sanctions list a number of Israeli individuals linked to the Palestinian–Israeli conflict.

Libya

On 26 June, an entity was removed from the sanctions list relating to Libya.

Angola

On 2 June 2026, the FCDO imposed sanctions on an individual of Angolan origin in connection with a serious corruption case involving the unlawful appropriation of an oil company.

 

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In Madrid, 30 June 2026

International Trade and Sanctions Department

Lupicinio International Law Firm

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