Announcement
12 Mar 2026
In March 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License 134 authorising certain transactions related to Russian-origin crude oil and petroleum products loaded on vessels before 12 March 2026.
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Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
12 Mar 2026
Revocation date:
11 Apr 2026
Clarification: 19 Mar 2026
Foreign customer limit
Recent update from 19 Mar 2026:
On 19 March 2026, OFAC superseded General License 134 with General License 134A to explicitly exclude transactions involving North Korea, Cuba, and the Covered or Crimea regions of Ukraine, in addi...
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Clarification: 19 Mar 2026
Controls on commercial transactions and investment instruments
Recent update from 19 Mar 2026:
On 19 March 2026, OFAC superseded General License 134 with General License 134A to explicitly exclude transactions involving North Korea, Cuba, and the Covered or Crimea regions of Ukraine, in addi...
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