<h1>Revocation of 2018 IFCA sanctions waiver raises sanction risk for port operator and contractors, effective September 29, 2025</h1> A government revoked a 2018 sanctions waiver under the Iran Freedom and Counter-Proliferation Act, effective September 29, 2025, warning that entities operating the strategic Gulf port or engaging in activities covered by IFCA may be subject to sanctions. The decision directly affects a foreign state that holds a 10-year contract to develop and operate a terminal at the port, replacing an earlier arrangement and used for humanitarian and commercial shipments. Legally, the revocation raises sanction exposure for the operating company and its contractors, threatens ongoing trade and reconstruction projects linked to the terminal, and could require reassessment of contractual and compliance measures.