The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Mexican individuals and nine entities allegedly involved in a fuel theft scheme linked to the Jalisco New Generation Cartel (CJNG).
The action, reported by Mexico News Daily, marks a targeted effort to disrupt cross-border illicit energy operations that have long plagued the region.
The sanctions specifically target the infrastructure and financial networks supporting the theft and diversion of fuel, a lucrative revenue stream for the cartel.
By freezing assets and prohibiting US persons from dealing with the designated parties, the Treasury aims to cut off the economic incentives driving the criminal activity.
This move underscores the administration’s focus on using financial tools to combat transnational organized crime.
This development arrives as the US Treasury continues to expand its enforcement reach in the energy sector.