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ARTICLE · 28 JANUARY 2019

US Formally Re-Imposes Nuclear-Related Sanctions Against Iran

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On November 5, OFAC re-designated over 700 individuals, entities, aircraft, and vessels linked to Iran, against whom secondary sanctions had previously been lifted pursuant to the JCPOA.

IranInternational Law
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On November 5, OFAC re-designated over 700 individuals, entities, aircraft, and vessels linked to Iran, against whom secondary sanctions had previously been lifted pursuant to the JCPOA. Re-imposition of US nuclear sanctions against Iran also included renewed prohibitions on a variety of Iran-related activities, including non- US persons' involvement in business activities related to:

  • Iran's port operators, and shipping and shipbuilding sectors, including on the Islamic Republic of Iran Shipping Lines (IRISL), South Shipping Line Iran, or their affiliates;
  • Petroleum-related transactions with, among others, the National Iranian Oil Company (NIOC), Naftiran Intertrade Company (NICO), and the National Iranian Tanker Company (NITC), including the purchase of petroleum, petroleum products, or petrochemical products from Iran;

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