Global Trade Alert
Global Trade Alert

United States of America: Treasury authorizes transactions involving Iranian-origin petroleum products through August 2026

Announcement

22 Jun 2026

In June 2026, the US Department of the Treasury issued Iran General License X, authorising transactions related to the production, delivery, sale, and offloading of Iranian-origin crude oil, petrochemicals, and petroleum products until 21 August 2026.

Source

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Number of interventions

3

0 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

22 Jun 2026

Revocation date:

21 Aug 2026

Announced: 22 Jun 2026
Import ban In force

Recent update from 23 Jun 2026:

On 22 June 2026, the US Department of the Treasury's Office of Foreign Assets Control issued General License X, authorising the importation into the United States of Iranian-origin crude oil, petro...

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Announced: 22 Jun 2026
Foreign customer limit In force

Recent update from 23 Jun 2026:

On 22 June 2026, the US Department of the Treasury's Office of Foreign Assets Control issued General License X. The license authorises transactions ordinarily incident and necessary to the producti...

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Announced: 22 Jun 2026
Controls on commercial transactions and investment instruments In force

Recent update from 23 Jun 2026:

On 22 June 2026, the US Department of the Treasury's Office of Foreign Assets Control issued General License X, authorising transactions ordinarily incident and necessary to the production, sale, d...

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