OFAC FAQ #201 · Iran Sanctions
May a U.S. person deal with a person listed under Executive Order 13608 in a transaction that was previously licensed by OFAC?
OFAC's answer
No. U.S. persons cannot have any dealings with a person identified or listed under this Executive Order absent specific authorization from OFAC pursuant to the [Executive Order 13608](https://ofac.treasury.gov/media/5926/download?inline), unless the transaction is exempt from regulation under the [International Emergency Economic Powers Act](https://ofac.treasury.gov/media/6386/download?inline) .