Publication of a Determination Issued Pursuant to Executive Order 13902.

Issuing agencies

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a sector determination pursuant to a January 10, 2020 Executive Order. The determination was previously issued on OFAC's website.

Full Text

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<title>Federal Register, Volume 91 Issue 165 (Thursday, August 27, 2026)</title>
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[Federal Register Volume 91, Number 165 (Thursday, August 27, 2026)]
[Rules and Regulations]
[Pages 55265-55266]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-17487]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Chapter V


Publication of a Determination Issued Pursuant to Executive Order 
13902.

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a determination.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a sector determination pursuant to a 
January 10, 2020 Executive Order. The determination was previously 
issued on OFAC's website.

DATES: The determination was issued on August 24, 2026. See 
SUPPLEMENTARY INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Regulatory Affairs, 202-622-4855; or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.

SUPPLEMENTARY INFORMATION:

[[Page 55266]]

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: <a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>.

Background

    On January 10, 2020, the President, invoking the authority of, 
inter alia, the International Emergency Economic Powers Act (50 U.S.C. 
1701 et seq.) (IEEPA), issued Executive Order (E.O.) 13902 of January 
10, 2020, ``Imposing Sanctions With Respect to Additional Sectors of 
Iran'' (85 FR 2003, January 14, 2020). Among other prohibitions, 
section 1(a)(i) of E.O. 13902 blocks, with certain exceptions, all 
property and interests in property that are in the United States, that 
come within the United States, or that are or come within the 
possession or control of any U.S. person of any person determined by 
the Secretary of the Treasury, in consultation with the Secretary of 
State to operate in the construction, mining, manufacturing, or 
textiles sectors of the Iranian economy, or any other sector of the 
Iranian economy as may be determined by the Secretary of the Treasury, 
in consultation with the Secretary of State.
    On August 24, 2026, the Director of OFAC, in consultation with the 
Department of State and pursuant to 31 CFR 560.802, determined that 
section 1(a)(i) of E.O. 13902 shall apply to the aviation, digital 
asset, gold, shipping, and technology sectors of the Iranian economy. 
This determination took effect on August 24, 2026.
    The determination was made available on OFAC's website (<a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>) when it was issued. The text of the determination 
is provided below.

Determination Pursuant to Section 1(a)(i) of Executive Order 13902

Aviation, Digital Asset, Gold, Shipping, and Technology Sectors of the 
Iranian Economy

    Section 1(a)(i) of Executive Order (E.O.) 13902 of January 10, 2020 
(``Imposing Sanctions With Respect to Additional Sectors of Iran'') 
imposes economic sanctions on any person determined by the Secretary of 
the Treasury, in consultation with the Secretary of State, to operate 
in such sectors of the Iranian economy as may be determined by the 
Secretary of the Treasury, in consultation with the Secretary of State.
    To further address the unusual and extraordinary threat to the 
national security, foreign policy, and economy of the United States 
described in E.O. 13902, and in consultation with the Department of 
State and pursuant to 31 CFR 560.802, I hereby determine that section 
1(a)(i) of E.O. 13902 shall apply to the aviation, digital asset, gold, 
shipping, and technology sectors of the Iranian economy. Any person 
determined to operate in these sectors shall be subject to sanctions 
pursuant to section 1(a)(i).
    This determination shall take effect on August 24, 2026.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-17487 Filed 8-26-26; 8:45 am]
BILLING CODE 4810-AL-P


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