Sanctions Watch (May 2026)
Sanctions and frozen funds hang in the balance as US-Iran peace talks continue, while Cuba runs out of fuel amid tightening sanctions and growing threats of military action.
Sanctions and frozen funds hang in the balance as US-Iran peace talks continue, while Cuba runs out of fuel amid tightening sanctions and growing threats of military action.
The US unleashes “Operation Economic Fury” and blockade against Iran as sanctions on Venezuela are eased and Democrats push back on Trump threats of military action against Cuba.
Trump’s oil blockade fuels a crisis in Cuba as the US and Israel strike Iran. Trump eases sanctions on Venezuela’s oil and gas sectors, while Canada relaxes sanctions on Syria. The EU fails to adopt its 20th package of Russia sanctions.
Trump eases some sanctions on Venezuela’s oil sector while maintaining the naval blockade and threatening tariffs on countries shipping oil to Cuba. Treasury Secretary Bessent says protests in Iran were sparked by sanctions-fueled economic crisis.
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Trump enacts a “blockade” on sanctioned Venezuelan oil, likely impacting Cuba’s economy too; Congress repeals a landmark Syria sanctions bill as sanctions weigh on Iran and Russia.
Trump extends the Syria sanctions waiver as measures on Russia and Cuba bite. The President also signals openness to talks on Iran sanctions, while escalating threats against Venezuela with new designations.
The Trump administration imposes its first Russia sanctions while snapback measures on Iran begin to bite. For the 33rd time, the UN GA overwhelmingly votes to condemn and call for end of US embargo on Cuba.
The UN imposes “snapback” sanctions on Iran as Congress remains divided over repeal of the Caesar Act. Trump urges Europe to tariff India and China over Russia.
The US sanctions Brazilian health officials for hosting Cuban medical missions while it urges UN to lift sanctions on Syrian president. Europeans warn of snapback sanctions on Iran.