Treasury Freezes Hizballah-Linked Lebanese Firm's Assets
Published Date: 2/13/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked a Lebanese company called JOOD SARL and some related vessels because they support Hizballah. This means all their U.S.-related money and property are frozen, and Americans can’t do business with them. The action took effect on February 10, 2026, signaling serious financial consequences for those involved.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
U.S. persons barred; assets frozen
On February 10, 2026, the Treasury added JOOD SARL and several related entities and vessels to the Specially Designated Nationals (SDN) List. All property and interests in property of these listed persons that are subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Designations carry secondary sanctions risk
The listed entities (including JOOD SARL, BRILLIANCE MARITIME VENTURES S.A., PLATINUM GROUP INTERNATIONAL, and SEA SURF SHIPPING LIMITED) and identified vessels are noted as subject to secondary sanctions under the Hizballah Financial Sanctions Regulations and section 1(b) of Executive Order 13224, as amended. That means parties linked to these listings may face secondary sanctions risk under those authorities.
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