Mr. Sanctions

November 4, 2026: OFAC Update, Part 1 – the Iran-related designations and changes

Iran-related Designations; Updates to Certain Iran-related Listings; Publication of Iran-related OFAC Alert; Issuance of Amended Venezuela-related General License and Frequently Asked Question

U.S. Department of the Treasury Press Release: Operation Economic Outcast Targets Global Maritime Fraud Network Supporting Iranian Regime

U.S. Department of State Press Release: U.S. Sanctions Fraudulent Ship Registries and Aviation Support for Iranian Regime

U.S. Department of State Press Release: Disrupting Iran’s Pursuit of Man-Portable Air-Defense Systems

U.S. Department of State Fact Sheet: Disrupting Iran’s Pursuit of Man-Portable Air-Defense Systems

Additions:

The following individuals have been added to OFAC’s SDN List:

OFAC Program(s): IRAN-EO13902 – Executive Order 13902

DHIMAN, Ashwani Kumar

  • Address: Chandigarh, India
  • DOB: 01 Mar 1980
  • nationality: India
  • Gender: Male
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Registration Number: 08188219 (India)
  • Party Type: Individual
  • Linked To: ARYAVART SHIP MANAGEMENT PRIVATE LIMITED

Supplemental Information: Indian national who nominally serves as a director of Sharma’s businesses, including India-based Aryavart Ship Management Private Limited. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Aryavart Ship Management Private Limited (Treasury press release).

SHAHID, Jaspreet Preeti

  • a.k.a.: KAUR, Jaspreet
  • Address: Chandigarh, India
  • DOB: 22 Aug 1980
  • POB: Chandigarh, India
  • nationality: India
  • Gender: Female
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Registration Number: 03563403 (India)
  • Party Type: Individual
  • Linked To: SHARMA, Suniel Kumar

Supplemental Information: Wife of Suniel Kumar Sharma. Has stepped in to manage, at least on paper, the couple’s business empire, which includes companies ranging from financial services businesses to media streaming platforms. Designated pursuant to E.O. 13902 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Suniel Kumar Sharma (Treasury press release).

SHARMA, Suniel Kumar

Supplemental Information: Operates, with his wife Jaspreet Preeti Shahid, a network based in Chandigarh, India, that Treasury says defrauded maritime regulatory administrations in multiple jurisdictions to establish false flagging authorities and maritime classification societies, providing false flags and certifications to sanctioned vessels carrying Iranian petroleum. Managing director of Oceaniek Technologies India. Designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy (Treasury press release).

SINGH, Ishwinder

  • Address: Chandigarh, India
  • DOB: 01 Apr 1992
  • nationality: India
  • Gender: Male
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Registration Number: 08409602 (India)
  • Party Type: Individual
  • Linked To: ARYAVART SHIP MANAGEMENT PRIVATE LIMITED

Supplemental Information: Indian national who nominally serves as a director of Sharma’s businesses, including India-based Aryavart Ship Management Private Limited. Designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Aryavart Ship Management Private Limited (Treasury press release).

The following individuals have been added to OFAC’s SDN List:

OFAC Program(s): IRAN-CON-ARMS-EO – Executive Order 13949

DOMULLODZHANOV, Alisher

  • a.k.a.: DOMULLODZHANOV, Alisher Hairulloevich
  • Address: Str. 5, Bld. 6, Khripan Village, Ramenskiy Rayon, Moscow Oblast 140163, Russia
  • DOB: 29 Nov 1989
  • POB: Dushanbe, Tajikistan
  • nationality: Russia
  • alt. nationality: Tajikistan
  • Gender: Male
  • Passport: 769612269 (Russia)
  • Party Type: Individual

Supplemental Information: Russia-based individual who has been involved in efforts to facilitate the procurement of man-portable air-defense systems (MANPADS) for Iran. Designated pursuant to Section 1(a)(iii) of E.O. 13949 (State Department fact sheet).

The following entities have been added to OFAC’s SDN List:

OFAC Program(s): IRAN-EO13902 – Executive Order 13902

ALEXARYA FINSERV PRIVATE LIMITED

  • Address: SCO-318, 2nd Floor Sector 38D, Chandigarh 160036, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 27 Sep 2018
  • Tax ID No.: AARCA3945Q (India)
  • Registration Number: U67100CH2018PTC042186 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

ALEXARYA MEDIA AND ENTERTAINMENT PRIVATE LIMITED

  • Address: SCO-318, Sector 38-D, Chandigarh 160036, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 16 Jan 2018
  • Tax ID No.: AAQCA4372G (India)
  • Registration Number: U93000CH2018PTC041837 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

ARYAVART MARITIME AND EDUCATIONAL TRUST

  • Address: SCO 373, Sector 37 D, Chandigarh, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 21 Jul 2016
  • Registration Number: CH/2024/0406033 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based trust designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

ARYAVART SHIP MANAGEMENT PRIVATE LIMITED

  • Address: SCO-318, 1st Floor Sector 38-D, Chandigarh 160036, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 27 Jul 2011
  • Tax ID No.: AAJCA7074N (India)
  • Registration Number: U74900CH2011PTC033139 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company of which Ashwani Kumar Dhiman and Ishwinder Singh nominally serve as directors. Designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

ESWATINI MARITIME AFFAIRS AND INTERNATIONAL SHIP REGISTRY PTE. LTD.

  • Address: 10 Jalan Besar, #07-06 Sim Lim Tower, 208787, Singapore
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 25 Sep 2023
  • Registration Number: 202338388W (Singapore)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: Established in 2023 by Sharma; Treasury says it continues to provide flagging services for vessels transporting Iranian petroleum, including the sanctioned vessel PING SHUN (IMO 9231901), despite being publicly disavowed by Eswatini authorities. Designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

FUGO GROUND SERVICES INC

  • Latin: FUGO YER HİZMETLERİ ANONİM ŞİRKETİ
  • a.k.a.: FUGO AVIATION
  • Address: Gayrettepe Mh. Vefabey Sk. No: 16 Inner Door No: 4, Besiktas, Istanbul, Turkey
  • Website: https://www.fugoaviation.com
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 28 Nov 2019
  • Tax ID No.: 3881357595 (Turkey)
  • Chamber of Commerce Number: 1210423 (Turkey)
  • Registration Number: 220631-5 (Turkey)
  • Central Registration System Number: 0388135759500001 (Turkey)
  • Party Type: Entity

Supplemental Information: Türkiye-based ground handling company that Treasury says provides services to several U.S.-designated Iranian airlines, including Iran Air Tour, Saha Airlines, Sepehran Airlines, Varesh Airlines, Taban Airlines, and Ata Airlines Company, and began serving several of them in the weeks after their September 8, 2026 designations. Designated pursuant to E.O. 13902 for operating in the aviation sector of the Iranian economy (Treasury press release).

OCEANIEK TECHNOLOGIES INDIA

  • Address: S.C.O. 86, Sector 44C, Chandigarh 160047, India
  • Address: Plot No. C-205, SM Heights, Mohali, Punjab 160055, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 16 Dec 2022
  • Tax ID No.: AAIFO2899P (India)
  • Registration Number: UDYAM-CH-01-0023384 (India)
  • Party Type: Entity
  • Linked To: SHARMA, Suniel Kumar

Supplemental Information: Company of which Sharma is managing director; Treasury says he used it to establish duplicitous flag registries, including those purporting to belong to Aruba, Nicaragua, and Sint Maarten. Designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Suniel Kumar Sharma (Treasury press release).

POLYNESIA MARITIME PRIVATE LIMITED

  • Address: H No 3335 CHD Police Society, Sector 51 D, Chandigarh 160047, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 27 Jan 2015
  • Tax ID No.: AAICP0398K (India)
  • Registration Number: U74900CH2015PTC035391 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

PRECEPT TRENDS PRIVATE LIMITED

  • Address: S.C.O. 86 First Floor, Sector 44C, Chandigarh 160047, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 12 Apr 2022
  • Tax ID No.: AAMCP8147L (India)
  • Registration Number: U18100CH2022PTC044314 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

VIHARABOATING PRIVATE LIMITED

  • Address: Building No 4, Pallippuram P O, Pallippuram, Cherthala, Alappuzha, Kerala 688541, India
  • Secondary sanctions risk: See Section 2 of E.O. 13902
  • Organization Established Date: 12 Feb 2026
  • Registration Number: U55101KL2026PTC100900 (India)
  • Party Type: Entity
  • Linked To: SHAHID, Jaspreet Preeti

Supplemental Information: India-based company designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Jaspreet Preeti Shahid (Treasury press release).

Amendments:

The following changes have been made to OFAC’s SDN List:

TOLIBOV, Mohammed Ali

  • a.k.a.: TOLIBOV, Muhamadali
  • a.k.a.: TOLIBOV, Mukhamadali Khaydarkhudzhaevich (Cyrillic: ТОЛИБОВ, Мухамадали Хайдархуджаевич)
  • Address: Belarus
  • DOB: 17 Jan 1982
  • nationality: Belarus
  • Additional Sanctions Information: Subject to Secondary Sanctions
  • Gender: Male
  • Passport: MR4193252 (Belarus)
  • Party Type: Individual
  • Linked To: ARMORY ALLIANCE LLC

List of Changes:

  • Program:
    • Added: IRAN-CON-ARMS-EO (Executive Order 13949)

Supplemental Information: Chief Executive Officer of Armory Alliance, a Belarus-based entity that has acted as an intermediary between China-based companies and Iran and has been involved in efforts to facilitate the purchase of hundreds of MANPADS. Previously designated under E.O. 13382; now also designated pursuant to Section 1(a)(iii) of E.O. 13949 (State Department fact sheet).

VANGUARD TACTICAL SUPPLY LIMITED

  • Address: Stallion Estate by Lobito Crescent, Wuse 2, Abuja, Nigeria
  • Additional Sanctions Information: Subject to Secondary Sanctions
  • Organization Established Date: 20 May 2026
  • Registration Number: 9562580 (Nigeria)
  • Party Type: Entity
  • Linked To: NAMAZI, Behrouz

List of Changes:

  • Program:
    • Added: IRAN-CON-ARMS-EO (Executive Order 13949)

Supplemental Information: Nigeria-based entity involved in efforts to facilitate the procurement of Chinese-origin MANPADS for Iran via false end-users. Previously designated under E.O. 13382; now also designated pursuant to Section 1(a)(iii) of E.O. 13949 (State Department fact sheet).

Unrelated Administrative List Changes:

OFAC also made administrative changes to 1,079 existing SDN List and SSI List listings (1,078 SDN and 1 SSI). In every case the change is the same: the field Secondary sanctions risk: See Section 2 of E.O. 13902 was added to the listing. The full listing-by-listing detail is in the companion file.

Leave a Reply