US Sanctions Regime on Iran
The United States has imposed comprehensive sanctions on Iran under multiple legislative instruments, including the Iran Sanctions Act and the Countering America's Adversaries Through Sanctions Act (CAATSA). These sanctions generally prohibit American persons and entities — and through secondary sanctions, third-country entities — from conducting significant transactions with Iran. However, the US Treasury's Office of Foreign Assets Control (OFAC) has the authority to issue specific waivers for humanitarian or strategic projects. Chabahar received such a waiver owing to its importance as a non-military, civilian trade and humanitarian transit corridor.
- The US Treasury communicated to India in October 2025 that the Chabahar waiver would expire on April 26, 2026
- Secondary sanctions risk discourages third-party banks and insurers from facilitating trade at sanctioned ports
- The waiver was seen as an acknowledgment of India's strategic role in the region
● Tracked since March 20, 2026 · last seen April 25, 2026 · updates as the daily brief publishes