The Department of State is imposing sanctions today on three United Arab Emirates companies involved in the transport of Iranian petroleum or petrochemical products, under Executive Order (E.O.) 13846.
The Department is also identifying these 11 vessels associated with these entities as blocked property:
As a result of today’s action, all property and interests in property of these targets that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any U.S. persons, including any foreign branches, are blocked and must be reported to the Department of the Treasury’s Office of Assets Control (OFAC.) In addition, any entities that are owned, directly or indirectly, 50 percent or more by one or more blocked persons are also blocked. OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of blocked or designated persons.
Petitions for removal from the Specially Designated Nationals and Blocked Persons (SDN) List may be sent to: OFAC.Reconsideration@treasury.gov. Petitioners may also refer to the Department of State’s Delisting Guidance page.
To see the full text of E.O. 13846, click here.