Yes. On October 1, 2026, the U.S. Department of the Treasury announced new sanctions under Operation Economic Outcast aimed at remaining Iranian industrial infrastructure, including rail and automotive conglomerates that it said help sustain the regime and the Islamic Revolutionary Guard Corps.
OFAC issued sectoral determinations under Executive Order 13902 covering Iran’s automotive and rail sectors, authorizing sanctions on persons operating in those sectors, and designated major automakers such as Iran Khodro and SAIPA as well as key rail companies including the Islamic Republic of Iran Railway Company. Treasury framed the action as cutting revenue and logistics channels as oil income falls.