Treasury Freezes Assets of Terror-Supporting Ships and Operative
Published Date: 1/22/2026
Notice
Summary
On January 16, 2026, OFAC added Imran Asghar and related vessels to its sanctions blacklist, blocking their property and banning U.S. people from doing business with them. This move targets those linked to terrorism support, freezing assets under U.S. control and tightening financial restrictions. If you’re in the U.S., you need to steer clear of any deals with these folks starting now.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
U.S. Persons Banned From Transactions
Effective January 16, 2026, the Treasury OFAC added named individuals and entities (for example, Imran Asghar) to the Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Vessel and Entity Listings, Secondary Sanctions Risk
OFAC added named entities (for example, ADEEMA OIL FZC; ALBARRAQ SHIPPING CO) and the vessel ALBARRAQ Z (IMO 9252943) to the SDN List on January 16, 2026. The notice also indicates secondary sanctions risk under section 1(b) of Executive Order 13224 (as amended), meaning parties that deal with these listed entities or vessels may face tightened financial restrictions or sanctions consequences.
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