Treasury ices Iranian oil tankers and shadowy ship bosses
Published Date: 3/19/2025
Notice
Summary
On March 13, 2025, OFAC blocked certain people and their oil tanker ships because they broke U.S. rules. This means their money and property in the U.S. are frozen, and Americans can’t do business with them. These actions target companies linked to Iran and could impact global oil trade and finances.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Assets Frozen; U.S. Persons Barred
On March 13, 2025, OFAC added one or more persons to the Specially Designated Nationals and Blocked Persons List (SDN List). All property and interests in property subject to U.S. jurisdiction of those persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Ten Oil Tankers Added to SDN List
On March 13, 2025, OFAC identified 10 named vessels (including BLUE GULF, ITAUGUA, PEACE HILL, SEASKY, LEXI/LEXIE, LYDYA N/OMAN PRIDE, POLARIS 1, CORONA FUN, SHANNON II, and NESO) with their IMO numbers as property in which blocked persons have an interest. Those vessels are listed as blocked under E.O. 13902 and U.S. persons are generally prohibited from engaging in transactions involving them.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-20683, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions list on October 5, 2026. Some people had their blocked property unlocked and were removed from the blacklist, while others had their info updated but remain blocked. These changes affect who can access money or property under U.S. rules, so watch for the latest details if you’re involved.
2026-20526, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions lists by unblocking some people and removing their names from the banned list. They also cleaned up duplicate entries and updated info on others who remain blocked. These changes affect individuals and entities tied to sanctions, with some unblocked as of July 27, 2026, meaning their assets are no longer frozen.
2026-20525, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked the property of Faouzi Barika and others linked to Hamas, making it illegal for Americans to do business with them. This action, effective October 2, 2026, freezes their assets under U.S. law to stop support for terrorism. If you’re a U.S. person, watch out—any dealings with these folks are off-limits and could have serious consequences.
2026-20475, Notice of OFAC Sanctions Action
On October 1, 2026, the U.S. Treasury’s OFAC added new individuals and companies to its blacklist, freezing their U.S.-based assets. This means Americans can’t do business with these blocked parties, cutting off their access to U.S. money and markets. The move aims to tighten financial controls and protect U.S. interests.
2026-20425, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked the property of Rafael Buenrostro Martin and others for their roles in illegal drug trade and terrorism. From September 29, 2026, Americans can’t do business with these folks, freezing their assets under U.S. law. This move aims to cut off their money flow and stop bad activities fast and firmly.
2026-20395, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked all property linked to A7 NETWORK, a criminal group operating in Russia, Kyrgyzstan, Nigeria, and Zimbabwe. This means Americans can’t do business with them anymore, effective October 1, 2026. It’s a big move to stop shady international crime and protect U.S. interests.
Previous / Next Documents
Previous: 2025-04525, Canadian National Railway Company and Grand Trunk Corporation -Control-Iowa Northern Railway Company (General Oversight)
Canadian National Railway and Grand Trunk Corporation now control Iowa Northern Railway’s 218-mile rail system. The Surface Transportation Board approved this in January 2025 but will keep a close eye on them for three years to make sure they follow the rules. They must report their progress regularly, starting April 2025, so everyone stays in the loop without surprises.
Next: 2025-04527, Approval of Subzone Status; Cummins Inc.; Irvine, Pennsylvania
Cummins Inc. in Irvine, Pennsylvania just got the green light to become a special subzone under Foreign-Trade Zone 247. This means they can enjoy some cool trade benefits like easier importing and exporting, all within a 530-acre limit. The approval happened on March 13, 2025, and it’s a big win for local business and trade efficiency!