Treasury Freezes Assets of Shady Folks and Ships
Published Date: 7/28/2025
Notice
Summary
The U.S. Treasury’s OFAC just added some people and ships to its blacklist, meaning their money and property are frozen if they’re under U.S. control. They also updated details about a blocked ship. Americans can’t do business with these folks or vessels, so watch out for these new rules starting now!
Analyzed Economic Effects
4 provisions identified: 0 benefits, 4 costs, 0 mixed.
Money and Property Are Blocked
All property and interests in property of the listed persons and vessels that are subject to U.S. jurisdiction are blocked. That means their money and property are frozen if they are under U.S. control.
New People and Ships Added to SDN List
The Treasury's Office of Foreign Assets Control (OFAC) added one or more persons and vessels to the Specially Designated Nationals and Blocked Persons (SDN) List. Those additions identify the named people and ships as blocked property under U.S. law.
U.S. Persons Barred From Transactions
U.S. persons are generally prohibited from engaging in transactions with the newly listed persons and vessels on OFAC's SDN List. Americans and U.S.-based businesses must avoid dealings with those listed entities.
OFAC Revised Blocked Vessel Entry
OFAC revised the SDN List entry for a vessel already identified as blocked property. The updated entry changes the official listing details for that blocked vessel.
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
2026-20215, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just added new people to its blacklist, meaning their U.S.-based money and property are frozen. Americans can’t do business with these folks anymore, starting September 29, 2026. This move aims to stop bad actors from using the U.S. financial system and sends a clear message: no funny business allowed!
2026-20008, Publication of Venezuela Sanctions Regulations Web General Licenses 52, 53, 54, 55, 56, 57, and 58
The Treasury’s Office of Foreign Assets Control (OFAC) has officially published seven new general licenses (GLs 52-58) that let certain U.S. businesses do specific transactions with Venezuelan companies, especially those linked to the state oil company PdVSA. These licenses, issued between March and May 2026, clarify what’s allowed under Venezuela sanctions, helping companies avoid penalties while doing business. If you’re involved in trade or finance with Venezuela, these updates are key to keeping your operations smooth and legal.
2026-20032, Notice of OFAC Sanctions Action
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has added new people to its blacklist, meaning their money and property in the U.S. are frozen. Americans can’t do business with these folks anymore, starting from August 7, 2026. This move helps keep bad actors from using the U.S. financial system and sends a clear message about following the rules.
2026-20010, Publication of Iran-Related Web General Licenses X and X1
The Treasury’s Office of Foreign Assets Control (OFAC) published two special Iran-related licenses called GL X and GL X1. GL X started on June 21, 2026, but was replaced by GL X1 on July 7, which then expired on July 17, 2026. These licenses allowed certain transactions that are usually banned, affecting businesses and individuals dealing with Iran, but the short time frame means the money impact was limited.
2026-20009, Publication of Venezuela Sanctions Regulations Web General Licenses 46D, 47B, 48C, 50C, 51C, 52B, 54B, and 61A
The Treasury’s Office of Foreign Assets Control (OFAC) just published updated general licenses for Venezuela sanctions, replacing older versions to clarify what’s allowed. These changes mainly affect businesses dealing with Venezuelan oil and petrochemical products, letting certain transactions happen legally again. The new licenses took effect on August 27, 2026, helping companies navigate sanctions without risking penalties.
2026-20007, Removing Duplicative Penalties Information and Reorganizing Certain Parts
The Treasury’s Office of Foreign Assets Control (OFAC) is cleaning up its rules by removing repeated penalty info and pointing everyone to one clear place for penalty details. They’re also reorganizing key info like authority and recordkeeping at the start of each section to make things easier to find. This change affects anyone dealing with OFAC sanctions and takes effect on September 30, 2026, with no new costs involved.
Previous / Next Documents
Previous: 2025-14108, Proposed Reinstatement of Terminated Oil and Gas Leases, Weld County, CO
Okreek Oil and Gas LLC, Bison IV Properties, and Morning Gun Exploration want their oil and gas leases back in Weld County, Colorado. They paid the fees they owed, and the government agrees to reinstate the leases since everything checks out with the rules and plans. This means these companies can get back to work soon, keeping energy flowing and local business buzzing.
Next: 2025-14110, Procedures for Considering Environmental Impacts; Correction
The Department of Commerce fixed some mistakes in their July 1, 2025, update about how they check environmental impacts. NOAA, part of the Department, is giving people more time to comment on new and changed rules that decide when projects don’t need a full environmental review. This update mainly affects anyone involved in projects under these rules and keeps the process clear and fair without extra costs or delays.