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OFAC Identifies Entities Owned or Controlled by the Government of Iran

News release: “The Iranian Transaction Regulations (ITR) include an appendix that contains a non-exhaustive list of entities determined by OFAC to be owned or controlled by the Government of Iran. The appendix can be accessed through OFAC’s website, here (see “Overview of Sanctions”). OFAC is adding National Iranian Oil Company, Naftiran Intertrade Company Ltd., and Naftiran Intertrade Co. Sarl to this appendix. Certain entities listed in this appendix may be subject to further sanctions under other sanctions programs.”

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