The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated its sanctions list related to Iran.
Operative Information Center-OMM, citing foreign media, reports that the new restrictions cover 8 companies and 9 oil tankers associated with them.
The sanctioned legal entities are oil, gas, and transportation enterprises registered in India, Liberia, the United Arab Emirates, Oman, the Seychelles, and the Marshall Islands. The nine blacklisted tankers are directly linked to the operations of these specific companies.
However, the U.S. Treasury Department has issued a special general license valid until February 22 of the current year. According to the document, the sanctioned vessels are permitted to enter ports under certain conditions:
- Entering and docking at ports, excluding those in Venezuela, Iran, and Russia;
- Taking measures to ensure the health and safety of crew members;
- Carrying out repairs and unloading cargo, provided the cargo is not of Iranian origin.
Inclusion in the sanctions list entails the freezing of the entities' assets in the United States and prohibits American citizens and companies from engaging in any business relations with them. These measures are part of a broader strategy by the administration of US President Donald Trump to curb the financial resources available to Tehran by targeting its energy exports.
The enforcement of such sanctions remains a key pillar of U.S. foreign policy in the Middle East, aimed at limiting Iran's ability to fund regional activities and its nuclear program. Azerbaijan, as a significant energy player in the Caspian region, closely monitors international energy regulations and sanctions regimes to ensure compliance with global financial standards and to maintain regional stability.
