Search Results for keywords:"Iran sanctions"

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Search Results: keywords:"Iran sanctions"

  • Type:Notice
    Citation:90 FR 11449
    Reading Time:about a minute or two

    The Department of State has announced that certain individuals have been added to the Department of Treasury's Specially Designated Nationals and Blocked Persons List (SDN List). This decision was made under an Executive Order that reinstates certain sanctions related to Iran. As a result, any property these individuals have under U.S. jurisdiction is blocked, and Americans are generally not allowed to engage in transactions with them. More information about these sanctions can be found on the OFAC website.

    Simple Explanation

    The U.S. government has added some people to a list that stops them from doing business in America because of rules about Iran. This means their things in the U.S. are frozen, and Americans can't buy or sell stuff with them.

  • Type:Notice
    Citation:90 FR 14174
    Reading Time:about 2 minutes

    The Department of State has identified several individuals and entities involved in significant transactions related to Iranian petroleum and has placed them on the Department of Treasury's SDN List. According to the Executive Order 13846, these individuals and companies have their properties and interests within the U.S. jurisdiction blocked, and U.S. persons cannot conduct transactions with them. Specifically, entities such as PT. Bintang Samudra Utama from Indonesia and Shipload Maritime Pte. Ltd. from Singapore are listed, along with vessels like MARINA VISION and CELEBES, which are linked to these entities. This action aims to enforce sanctions to curb Iran's support for terrorism and weapons proliferation activities.

    Simple Explanation

    The U.S. Department of State put some people and companies on a special list because they were doing business with Iran in ways that aren't allowed. This means their stuff in the U.S. is "frozen," and people in the U.S. aren't allowed to buy or sell things to them.