State Department Slaps Sanctions on Iranian Oil Network Players
Published Date: 1/26/2026
Notice
Summary
The U.S. Department of State has added some companies and people to a special blacklist that freezes their U.S. assets and stops Americans from doing business with them. This move targets those involved in buying or selling Iranian oil and took effect on April 10, 2025. If you’re connected to these groups, watch out—your money and deals with the U.S. could be blocked!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
U.S. SDN Designations Block Assets
On April 10, 2025, the Department of State published that certain persons were 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, and U.S. persons are generally prohibited from engaging in transactions with them.
Specific Companies and Vessels Designated
Effective April 10, 2025, the notice lists specific designations including entities RISING PHOENIX PROVIDER NV and MARZIYA SHIPPING OPC PVT LTD, and vessels AMOR (IMO 9182291) and VIRGO (IMO 9236250). These named entities and vessels are identified as blocked under Executive Order 13846 for significant transactions involving Iranian petroleum, so their property subject to U.S. jurisdiction is blocked.
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