In this episode of Volkov Law TV, Michael Volkov examines OFAC’s massive $275 million settlement with Adani Enterprises Limited arising from alleged imports of Iranian-origin LPG disguised as Omani and Iraqi product. The episode explores OFAC’s aggressive focus on maritime sanctions evasion, the risks created by U.S. dollar clearing transactions, the growing importance of intelligence-driven sanctions compliance, and the lessons multinational companies must learn regarding red flags, vessel monitoring, enhanced due diligence, escalation procedures, and internal investigations. The discussion also highlights OFAC’s continuing emphasis on cooperation and remediation in resolving major sanctions enforcement actions.