[U.S. Treasury Announces New Round of Sanctions on Iran and Cuba, Adjusts Lukoil Transaction Licenses] Golden Finance reported on October 16 that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced on October 15 the addition of 16 individuals linked to Iran, along with multiple companies and financial institutions, to its sanctions list. This includes the International Development Investment and Finance Bank of Iraq, Iran's Chabahar International Offshore Bank, Jazireh International Bank, and several currency exchange companies. Meanwhile, the U.S. has added Cuba's International Commercial Bank (BICSA) to the sanctions list. Additionally, OFAC issued two general licenses related to Russia, authorizing specific transactions involving Lukoil's retail gas stations outside of Russia and Lukoil-related entities in Bulgaria. OFAC also issued a general license related to Iran, allowing for the orderly termination of transactions involving the International Development Investment and Finance Bank.