Notable "Derivative" Designations - Treasury Grounds Iranian Airlines with Sweeping Sanctions Action

Date issued: Sep. 09 2026

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TURBOFAC Commentary (83 words)

Notes:

1) On 9-8-26, OFAC sanctioned all otherwise non-sanction Iranian airlines pursuant to EO 13902 for operating in the Iranian aviation sector, and sanctioned certain Mahan Air sales agents and other supports, consistent with Shanghai Saint Logistics Limited (China) and other prior sanctions. It remains to be seen whether OFAC will impose sanctions on non-U.S. persons solely for providing ground services to SDN Iranian airlines in connection with ordinary commercial flights. The press release is ambiguous on that point.