The U.S. Treasury’s Office of Foreign Assets Control (OFAC) released several new sanctions actions on May 1, 2026, including a general license, a FAQ, an alert, and additions to its Iran‑related Specially Designated Nationals (SDN) list.
OFAC issued General License W, authorizing the wind‑down of transactions involving certain persons blocked on the same day. It also published FAQ 1250 addressing common questions about the license, and an alert outlining sanctions risks for Iranian demands for passage through the Strait of Hormuz.
The SDN list was expanded to include individuals such as Nasser Ghasemi Rad, Li Xinchun, Pedram Pirouzan, Hossein Mohammad Rezai, Masoud Mohammad Rezai, and Ehsan Tahayyori. New entities added include Al Sahra Trade Petro DMCC, Architectural Corp Limited, Atlas International Trading Limited, Bab Al Khandaq Trading Company, Blinche Trading Limited, Central Park Limited, Deccan Star Trading, Lightborn Goods Trading, Mullingar Trading, Nasser Ghasemi Rad and Associates, Onboard Ship Management, Pirouzan and Associates Partnership, Qingdao Haiye Oil Terminal, Sinobos Limited, Sisu Prime, Tahayyori and Associates Partnership, Teroda International, Thriving Times International, Verdita Trading, Wigan Trading, and Zolella Trading.
Additionally, the vessel NEW FUSION (IMO 9277723) was added to the SDN list, linked to Thriving Times International. All updates apply under Executive Order 13846 and related sanctions regulations.
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