Treasury frees two planes from sanctions freezer
Published Date: 8/7/2026
Notice
Summary
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.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
One Entity and Two Aircraft Unblocked
On August 5, 2026, OFAC removed one named entity and two aircraft from the Specially Designated Nationals and Blocked Persons (SDN) List, which means their property and interests in property subject to U.S. jurisdiction are unblocked and may be used in the United States. If you are the owner or a business dealing with that entity or those aircraft, U.S. restrictions that previously froze their U.S. assets were lifted on that date.
Al-Shabbani SDN Entry Updated — Assets Still Blocked
On August 5, 2026, OFAC updated the SDN List entry for Basheer Abdulkadhim Alwan Al-Shabbani (DOB 01 May 1986; nationality Iraq; Passport A14930891 expires 27 Jan 2027; alt. Passport A9836915 expires 19 Aug 2024; National ID AA2889593 expires 21 Oct 2026). His property and interests in property subject to U.S. jurisdiction continue to be blocked under Executive Order 13224 as amended.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-20683, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions list on October 5, 2026. Some people had their blocked property unlocked and were removed from the blacklist, while others had their info updated but remain blocked. These changes affect who can access money or property under U.S. rules, so watch for the latest details if you’re involved.
2026-20526, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions lists by unblocking some people and removing their names from the banned list. They also cleaned up duplicate entries and updated info on others who remain blocked. These changes affect individuals and entities tied to sanctions, with some unblocked as of July 27, 2026, meaning their assets are no longer frozen.
2026-20525, Notice of OFAC Sanctions Action
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2026-20475, Notice of OFAC Sanctions Action
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2026-20395, Notice of OFAC Sanctions Action
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