The U.S. Treasury’s Office of Foreign Assets Control (OFAC) added Reza Mohammad Taeedi, an Iranian national based in the UAE, and Kameng Trading Limited, a Hong Kong-based entity, to its Specially Designated Nationals (SDN) List. Taeedi, linked to Bank Melli Iran, faces secondary sanctions for Iran-related activities. Kameng Trading Limited, established in July 2024, is designated under Iran-related sanctions. The designations are part of Operation Economic Outcast, targeting Iran’s financial access. OFAC notes these actions aim to enforce compliance with U.S. sanctions regulations. No unrelated administrative changes were reported. The updates reflect ongoing efforts to counter terrorism and disrupt illicit financial activities.
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