State Dept adds more Iranians to sanctions blacklist routine update
Published Date: 3/6/2025
Notice
Summary
The Department of State has added new people to a special U.S. sanctions list targeting Iran. This means their U.S.-based money and property are frozen, and Americans can’t do business with them. These changes took effect on February 24, 2025, tightening the financial squeeze on those linked to Iran.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Named Persons' U.S. Property Frozen
The Department of State published names of one or more persons added to the Treasury Department's Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of those persons are blocked as of February 24, 2025.
U.S. Persons Barred From Transactions
U.S. persons are generally prohibited from engaging in transactions with the persons added to the SDN List. This prohibition took effect on February 24, 2025 and applies to transactions subject to U.S. jurisdiction.
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