Non-Proliferation Designations; Iran-related Designations; Issuance of Venezuela-related Amended General Licenses and Frequently Asked Questions
Important: This summary was automatically generated by AI from a public-domain government source. It is provided for general information and SEO indexing only. It is not legal, compliance, or professional advice and may contain errors, omissions, or out-of-date information. Where IMO numbers appear in the summary, they may be hyperlinked to the corresponding entry in our sanctioned-vessels database for convenience — these links are direct citations, not editorial assertions. Always verify against the official source before making any compliance, commercial, or legal decision. Read our news policy.
Key facts
Source:US Treasury OFAC (U.S. Treasury, public domain)
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced several updates to its sanctions programs, including new designations and amended licenses related to Iran and Venezuela. The updates involve the addition of multiple individuals and entities to the Specially Designated Nationals and Blocked Persons List, alongside adjustments to existing trade authorizations.
New sanctions targets include Iranian national Sajjad Ahadzadeh and Manuchehr Golchin, the latter of whom is linked to the Ministry of Defense and Armed Forces Logistics. Several Chinese nationals—Boyu Liu, Shaopei Meng, Hongyi Wang, and Lichun Xu—were also designated under programs targeting non-proliferation and Iran-related activities. The list also expands to include several Hong Kong and China-based entities, such as Domus Trading HK Limited, Mustad Shanghai International Trade Co Ltd, Shangshun Hong Kong Ltd, and Solos International Limited.
The Treasury Department also issued several amended general licenses regarding Venezuela. These updates authorize specific activities involving Venezuelan-origin oil, petrochemical products, and minerals, including gold. The amendments also cover the sale of U.S.-origin diluents to Venezuela and provide authorizations for certain transactions involving Petróleos de Venezuela, S.A. (PDVSA), as well as the supply of specific goods and services for the country's oil, gas, and mineral sectors.
In addition to these designations and license amendments, OFAC released two new Frequently Asked Questions (FAQs 1259 and 1260) to provide further guidance on the implementation of Venezuela-related sanctions. The updates reflect ongoing enforcement of the Iran Non-Proliferation (NPWMD) and Iran-related sanctions programs.
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Disclaimer. Strait Up Maritime aggregates and summarises sanctions-related news from public-domain government sources (US Treasury OFAC, UK OFSI). Summaries are generated automatically by AI and may contain inaccuracies. We do not warrant the accuracy, completeness, or timeliness of any content on this page. Strait Up Maritime is a journalism and information service — it is not a substitute for legal counsel, regulatory advice, or official sanctions verification. Use of this content is governed by our Terms of Use and News Aggregation Policy.