Announcement
20 Mar 2026
In March 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License U authorising certain transactions related to Iranian-origin crude oil and petroleum products loaded on vessels on or before 20 March 2026.
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Number of interventions
3
0 certainly harmful
0 likely harmful
3 liberalising
List of interventions
Implementation date
20 Mar 2026
Revocation date:
19 Apr 2026
Updated: 23 Mar 2026
Import ban
In force
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U, providing a specific authorisation for the safe handling of Iranian-origin crude oil...
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Updated: 23 Mar 2026
Foreign customer limit
In force
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U. The license authorises transactions ordinarily incident and necessary to the sale, d...
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Updated: 23 Mar 2026
Controls on commercial transactions and investment instruments
In force
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U, authorising transactions ordinarily incident and necessary to the sale, delivery, or...
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