No, it fines American companies for providing services to a certain foreign-owned company.
If this isn't permissible, then sanctions can't be a thing and OFAC can't do its job. (Whether or not that would be a good thing is a separate issue.)
A SCOTUS that simply asserted these questions do not exist would also be laughable.
One very recent entry on this discourse:
https://knightcolumbia.org/content/knight-institute-and-foun...
No, it fines American companies for providing services to a certain foreign-owned company.
If this isn't permissible, then sanctions can't be a thing and OFAC can't do its job. (Whether or not that would be a good thing is a separate issue.)