Opportunity
Federal Register #2026-09249
OFAC Sanctions Action: Entities Added to SDN List for Iranian Petroleum Sector Activities
Buyer
Treasury Department, Office of Foreign Assets Control
Posted
May 11, 2026
Identifier
2026-09249
This notice from the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announces regulatory sanctions actions: - Government buyer: Office of Foreign Assets Control (OFAC), U.S. Department of the Treasury - Entities and vessels added to the SDN List for activities in Iran's petroleum sector - Notable entities: COSTIN SHIPPING LIMITED, MIHIR SHIPPING INC., NAXOS MARITIME AND TRADING S.A., PATRIOT INC., SKYROS MARITIME AND TRADING S.A., EXTENSIVE SHIPPING LIMITED, XIFOIDES GROUP LIMITED, ZHOUSHAN YAOHAI SHIPPING CO., LTD., ANKA ENERGY AND LOGISTICS COMPANY - Action taken under Executive Order 13902 - All property and interests in property of these entities subject to U.S. jurisdiction are blocked - U.S. persons are prohibited from engaging in transactions with these entities - No procurement, products, or services are involved; this is a regulatory enforcement action related to sanctions - No OEMs, vendors, or contract values are referenced
Description
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of persons and vessels placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) due to satisfaction of applicable legal criteria. 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 notice includes details of entities designated for operating in the petroleum sector of the Iranian economy. The action was issued on April 24, 2026, and published on May 11, 2026.