On 4th November, OFAC added the ARMED FORCES GENERAL STAFF (aka GENERAL STAFF OF IRANIAN ARMED FORCES; AFGS), and 9 individuals to its Iranian sanctions lists. At the same time the MONSOON NAVIGATION CORPORATION, a Marshall Islands company, and the Panama-flagged oil tanker OCEAN ELEGANCE have been removed from the OFAC Venezuela sanctions lists.
The Iranian changes target Iran’s Armed Forces General Staff and 9 individuals who are appointees of, or have acted for or on behalf of, Ali Khamenei, the Iranian Supreme Leader, are said to be to block funds from flowing to a shadow network of Ali Khamenei’s military and foreign affairs advisors.
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