Subsection 1(a)(iii) of E.O. 13846 provides authority to block the property and interests in property of persons determined, on or after November 5, 2018, to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of: (A) Iranian persons included on the SDN List or (B) any other persons included on the SDN List whose property and interests in property are blocked pursuant to Executive Order 13599 or subsection 1(a) of E.O. 13846 (in both cases excluding Iranian depository institutions whose property and interests in property are blocked solely pursuant to Executive Order 13599). Certain activities relating to the pipeline project to supply natural gas from the Shah Deniz gas field in Azerbaijan to Europe and Turkey are excepted from this provision.
In implementing this provision, the United States Government will take appropriate steps to avoid, among other things, undue impacts on the access of the people of Iran to humanitarian items, telecommunications, and other basic services.