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News 2026-07-07 18:47 UTC

US Issues Amended Iran-Related General License - OFAC

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is revoking Iran-related General License X and issuing Iran-related General License X1, for the "Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Prod