OFAC sanctions 12 tied to the IRGC and Iranian oil operations
The U.S. Treasury’s Office of Foreign Assets Control designated 12 people and companies tied to the Islamic Revolutionary Guard Corps and Iranian oil shipments to China, effective May 11, 2026. The action includes 3 individuals and 9 entities added to the SDN List.
WASHINGTON, May 11, 2026 — The U.S. Treasury’s Office of Foreign Assets Control added 12 individuals and entities to its Specially Designated Nationals and Blocked Persons List in a counterterrorism and Iran-related action targeting the Islamic Revolutionary Guard Corps’ oil operations. The designations took effect May 11, 2026.
The action covers three Iran-based individuals identified as IRGC officials and nine entities in the United Arab Emirates, Hong Kong, and Oman. OFAC said the measures target parties involved in enabling the sale and shipment of Iranian oil to China and in supporting the IRGC’s use of front companies in overseas jurisdictions.
According to the Treasury press release, the three individuals work for the IRGC’s Shahid Purja’fari Oil Headquarters. OFAC designated Ahmad Mohammadi Zadeh, Samad Fathi Salami and Mohammadreza Ashrafi Ghehi under Executive Order 13224, as amended, for being leaders or officials of the IRGC.
Among the newly listed companies, eight were linked on the SDN update to the IRGC: Atic Energy FZE, Blanca Goods Wholesaler LLC, Hong Kong Blue Ocean Limited, Hong Kong Sanmu Limited, Jiandi HK Limited, Max Honor International Trade Co. Limited, Ocean Allianz Shipping LLC and Zeus Logistics Group. Universal Fortune Trading LLC was separately linked to the National Iranian Oil Company.
Treasury said several of the companies were used to arrange oil sales, shipping and payments, including through front-company structures outside Iran. The press release said some of the entities were involved in 2025 shipments or oil deals connected to sanctioned tankers and cover companies.
As a result of the action, property and interests in property of the designated persons that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. The agency also said certain transactions involving those designated may expose foreign financial institutions to secondary sanctions.
OFAC reported no unrelated administrative list changes.
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