Publication of an Iran-Related Determination

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 196 (Tuesday, October 13, 2026)</title>
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[Federal Register Volume 91, Number 196 (Tuesday, October 13, 2026)]
[Rules and Regulations]
[Page 64758]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-20839]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 560


Publication of an Iran-Related Determination

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 October 1 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:

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.), 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 October 1, 2026, the Director of OFAC, in consultation with the 
Department of State, determined that section 1(a)(i) of E.O. 13902 
shall apply to the automotive and rail sectors of the Iranian economy. 
This determination took effect on October 1, 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

Automotive and Rail 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 automotive and rail 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 October 1, 2026.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-20839 Filed 10-9-26; 8:45 am]
BILLING CODE 4810-AL-P


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