SHINE ROAD TRADING FZE

United Arab Emirates; United Arab Emirates

Office No FZJOBB1210, Jebel Ali Free Zone, Dubai, United Arab Emirates

11447532, Commercial Registry Number; 177219, License

As part of the Shahr Bank exchange network, Shine Road Trading FZE (Shine Road) was used by NIOC to help with transactions involving the production, transportation, and export of Iranian crude oil and oil distillates. In late 2024, Shine Road Trading FZE was used to pay NIOC over $30 million for Iranian oil distillates to be delivered to Malaysia. Shine Road Trading FZE, Crystal Gas FZE, Turkiz Fuel Trading LLC, Desert Pulse Trading FZE, Limonium Petrochemicals Trading LLC SOC, Naviera Shipping and Trading FZ LLC, and Nanshan Ltd are being designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy.

US

https://home.treasury.gov/news/press-releases/sb0364

2026-01-15

US

Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

E.O. 13902 imposes sanctions with respect to any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in the construction, mining, manufacturing, and textiles sectors of the Iranian economy, and any additional sectors of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State. On October 8, 2020, the Secretary of the Treasury identified the financial sector of the Iranian economy for additional sanctions under E.O. 13902. Iranian and non-Iranian persons operating in these sectors could be subject to sanctions pursuant to E.O. 13902.

SDN