Notice of Department of State Sanctions Action
Published Date: 2/3/2026
Notice
Summary
The U.S. Department of State has added certain people, companies, and ships to a special sanctions list because they’re involved in buying or selling Iranian oil. This means their property in the U.S. is frozen, and Americans can’t do business with them. These changes took effect on April 30, 2025, and could impact trade and money flow linked to these targets.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Designations Add Parties to SDN List
On April 30, 2025, the Department of State published names of persons, companies, and vessels added to the Treasury Department's Specially Designated Nationals (SDN) List under section 3(a)(ii) of Executive Order 13846. Property and interests in property of these designated persons that are subject to U.S. jurisdiction are blocked, and U.S. persons are prohibited from doing business with them.
Named Vessels Linked To Designated Entities
The notice identifies specific vessels as property in which designated entities have an interest, including ELOISE (IMO 9233234; MMSI 626143000; Gabon flag; built 2002) and OLIA (IMO 9268112; MMSI 626450000; former Gabon flag; built 2003). OLIA is noted to carry secondary sanctions risk under Executive Order 14024 and the Ukraine-/Russia-Related Sanctions Regulations (31 CFR 589.201 and/or 589.209).
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