Global Trade Alert
Global Trade Alert

United States of America: OFAC issues new temporary authorisation for Russian crude oil and petroleum products through 17 June 2026

Announcement

18 May 2026

In May 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License 134C authorising certain transactions related to Russian-origin crude oil and petroleum products loaded on vessels before 17 April 2026.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

18 May 2026

Revocation date:

17 Jun 2026

Announced: 18 May 2026
Controls on commercial transactions and investment instruments In force

Recent update from 19 May 2026:

On 18 May 2026, the US Department of the Treasury's Office of Foreign Assets Control issued General License 134C, authorising transactions ordinarily incident and necessary to the sale, delivery, o...

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Announced: 18 May 2026
Foreign customer limit In force

Recent update from 19 May 2026:

On 18 May 2026, the US Department of the Treasury's Office of Foreign Assets Control issued General License 134C. The license authorises transactions ordinarily incident and necessary to the sale, ...

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