Sanctioning Entities That Have Traded in Iran’s Petroleum (Fact Sheet)

Ed. Note: if you’re new to TURBOFAC, please take note that the text string filtration function generally shouldn’t be used for terms such as “ordinarily resident,” “causing” or “new debt”. For research on the meaning of words and phrases such as those, i.e. terms central to the key legal issues in sanctions law that appear on a cross-programmatic basis, you’re typically better off locating and checking the appropriate box in the “Key Legal Issues” search category, which will limit the results to those that have been manually assessed as being relevant for the interpretation of the terms at issue.

Try typing your search term (“ordinarily resident,” “new debt,” or something else) in the “Find a Search Filter” box at the top of the page, and the corresponding “Key Legal Issues” check box will pop up instantly, if one exists. Once you check the box (e.g. “new debt,” with ~55 results), you can always use the text string filtration function to further refine your search (e.g. by typing “invoice” and narrowing the ~55 results to ~10).

Note in addition that the same applies to text string searches such as “14071” (if you’re looking for items related to EO 14071). By typing “14071” in the “Find a Search Filter” field up top, you will be able to instantly narrow the results down to items manually assessed as relating to EO 14071. Ditto terms such as “515.204” or “Iran General License G” (try the “Discrete Legal Provision” search category). Please contact [email protected] or [email protected] with any questions on search results and efficiency.

Please click "Apply Text String Filters" again after clicking the "Close" button immediately below.

TURBOFAC Commentary (158 words)

Notes:

1) Fairly common set of designations pursuant to Section 3(a)(ii) of E.O. 13846 for “knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.” Compare Sanctioning Entities Trading in Iranian Petroleum and Petrochemicals (Fact Sheet).

2) One designation is particularly notable, i.e. the designation of a “Singapore-based maritime service provider that has provided pilotage services to NITC tankers on 13 occasions while they were carrying Iranian crude oil from January 1, 2025, to August 1, 2025, as they transited the Straits of Malacca”. This was regard as a having “knowingly engaged in a significant transaction for the transportation of Iranian petroleum”. The designation may be a first in terms of the type of service that resulted in a designation, and is particularly notable for the fact that an...

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Sanctioning Entities That Have Traded in Iran’s Petroleum (Fact Sheet)

TURBOFAC Commentary (158 words)