Treasury Slaps Freezes on Iran's Sneaky Aviation Arms Duo
Published Date: 2/27/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of two Iranian individuals linked to Qods Aviation Industries, a group involved in arms activities. This means Americans can’t do business with them, and any U.S.-based assets they have are frozen starting February 25, 2026. It’s a clear move to tighten the squeeze on Iran’s weapons network and stop money from flowing their way.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Named Persons Added to SDN List
On February 25, 2026, OFAC added multiple named individuals, companies, and vessels to the Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of those listed are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Some Listings Are Subject to Secondary Sanctions
The notice identifies certain named individuals and entities as "Subject to Secondary Sanctions." Those entries include the label "Subject to Secondary Sanctions" in OFAC's listing information as of February 25, 2026.
Petroleum and Petrochemical Firms Designated
OFAC designated multiple companies and vessels for operating in Iran's petroleum and petrochemical sectors under Executive Order 13902 and identified them as blocked as of February 25, 2026. The notice lists specific firms and vessels linked to petroleum or petrochemical activity that are blocked from U.S. jurisdiction.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-16573, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-16153, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC updated its sanctions list by unblocking one company and two aircraft, meaning their U.S. assets are now free to use. Meanwhile, they updated info on a person from Iraq who remains blocked, keeping their assets frozen. These changes took effect on August 5, 2026, impacting who can access money or property under U.S. rules.
2026-15996, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-15849, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and vessels that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. The vessels placed on the SDN List have been identified as property in which a blocked person has an interest.
2026-15785, Notice of OFAC Sanctions Action
On July 30, 2026, OFAC lifted sanctions on Cagri Duransoy, unblocking his property and allowing normal dealings again. At the same time, OFAC added new people, like Xin Tang from China, to the sanctions list, freezing their U.S.-based assets and banning U.S. folks from doing business with them. These moves shake up who can and can’t access money or property under U.S. rules, effective immediately.
2026-15356, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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