Last Updated: August 24, 2026

UNIVERSAL FORTUNE TRADING LLC

Nationality

United Arab Emirates; United Arab Emirates

Address

Office No 204-12, Al Murar, Deira, Dubai, United Arab Emirates

Reg. ID

1088893, License; 413426, Chamber of Commerce Number

Official reason

Dubai-based Universal Fortune Trading LLC (Universal Fortune) worked with the IRGC in 2025, signing a contract with Golden Globe for oil carried by the sanctioned tanker XD LEO (IMO 9312872). Universal Fortune has also been used as a front company by the National Iranian Oil Company (NIOC). OFAC is designating Universal Fortune Trading LLC pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of NIOC.

Sender

Other Information

https://home.treasury.gov/news/press-releases/sb0498

Date of listing

2026-05-11

Program information

Authority

Program

Iranian Financial Sanctions Regulations, 31 CFR part 561

Regime

OFAC country specific

Target State

Iran

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

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

Official Information

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

Additional Details

SDN

Program URL

https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561

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