US Freezes Assets of Iran Weapons Proliferators in 2024
Published Date: 12/17/2025
Notice
Summary
In 2024, the U.S. government blocked the property of certain people and companies linked to weapons of mass destruction and Iran’s arms activities. This means Americans can’t do business with them, and their assets under U.S. control are frozen. These actions took place on July 12, September 10, and December 18, signaling serious financial and legal consequences for those involved.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
U.S. persons barred from dealing
On July 12, 2024, September 10, 2024, and December 18, 2024, the Department of State announced persons added to the Treasury Department's SDN List. All property and interests in property subject to U.S. jurisdiction for those listed are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Designations flagged for secondary sanctions
Several of the named designations are labeled “Subject to Secondary Sanctions” in the notice and the listing references secondary sanctions risk and Section 11 of Executive Order 14024. The notice explicitly marks some entries as subject to secondary sanctions.
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Key Dates
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Previous / Next Documents
Previous: 2025-23019 — Notice of 2023 Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
In 2023, the U.S. Department of State teamed up with the Treasury to block property and freeze assets of certain Russian individuals and groups involved in harmful activities. These sanctions stop Americans from doing business with them and aim to slow down Russia’s harmful actions. The moves happened throughout the year, making it clear the U.S. is serious about holding these actors accountable.
Next: 2025-23021 — Notice of Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
The U.S. government has officially blocked the property and money of certain people linked to harmful actions by the Russian government. These folks are now on a special blacklist, meaning Americans can’t do business with them. These new rules took effect in January 2025 and aim to stop bad behavior by cutting off access to U.S. resources.