Treasury Freezes Assets of Sanctioned Ships and Individuals
Published Date: 7/9/2025
Notice
Summary
The U.S. Treasury’s OFAC just added some people and ships to its blacklist, meaning their money and property in the U.S. are frozen. Americans can’t do business with them anymore. This move helps keep bad actors from using U.S. resources, and it takes effect right away.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Assets of listed persons and ships frozen
OFAC added one or more people and vessels to the Specially Designated Nationals (SDN) List. All property and interests in property of those listed that are subject to U.S. jurisdiction are blocked (frozen).
U.S. persons barred from dealing with listed parties
The notice says U.S. persons are generally prohibited from engaging in transactions with the named persons and vessels, and this restriction takes effect right away. That means Americans and U.S. businesses may not do business with or provide funds to those listed.
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Key Dates
Department and Agencies
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