The United Kingdom will impose additional sanctions on Iran’s energy, metals, gold and software sectors beginning Sept. 29, extending restrictions to related shipping, insurance and banking activity.
The Iran (Sanctions) (Amendment) Regulations 2026, laid before Parliament on Sept. 8, broadly restore measures lifted under the 2015 nuclear agreement. They follow the UK’s implementation of the renewed UN sanctions on Iran in October 2025.
The legislation includes measures intended to restrict the Iranian government’s access to the UK financial system. It also expands the government’s authority to target vessels involved in Iran’s nuclear program or other sanctioned activity, according to a written ministerial statement.
UK companies should review transactions involving Iranian energy, petrochemicals, metals, gold, software, vessels and associated services. Exporters must determine whether their goods fall within the new controlled-product schedules and whether financing, brokering, technical assistance, insurance or shipping services require a license. The government summarized the changes in Notice to Exporters 2026/18.
The government plans a trade general license permitting specified services needed for the continued operation of Azerbaijan’s Shah Deniz gas field. The Office of Financial Sanctions Implementation will also amend its existing financial general license for the project. Both measures are scheduled to take effect Sept. 29.
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