Notice of Department of State Sanctions Action
Published Date: 1/30/2026
Notice
Summary
The U.S. Department of State has added two companies to a special sanctions list because they dealt with Iranian petroleum products, which is against U.S. rules. This means their property in the U.S. is now blocked, and Americans can’t do business with them. These changes took effect on July 3, 2025, signaling serious financial consequences for the companies involved.
Analyzed Economic Effects
4 provisions identified: 0 benefits, 4 costs, 0 mixed.
Added to OFAC SDN List; Property Blocked
On July 3, 2025, the Department of State published names of persons added to the Treasury Department's Specially Designated Nationals (SDN) List. The property and interests in property of these listed persons that are subject to U.S. jurisdiction are blocked, and Americans may not do business with them.
Listed Vessels Identified as Blocked Property
The notice identifies specific vessels (BATELEUR, NEEL, ARTEMIS III, RIEVERIA I) as property in which listed blocked persons have an interest; those vessels are therefore subject to blocking. This affects owners, insurers, and service providers connected to those vessels.
Some Designees Face Secondary Sanctions
The notice identifies certain entities as 'Subject to Secondary Sanctions' under the relevant authority. Being subject to secondary sanctions means foreign persons or entities that support or deal with these designees could face additional U.S. sanctions.
Designations Linked to Iranian Petroleum Trade
The notice states the listed entities were designated pursuant to Executive Order 13846 for knowingly engaging in significant transactions involving the purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran. The designations identify the reason for blocking these parties.
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