Regulatory Alerts2026-05-07 | 2026-09094Publication of Iranian Transactions and Sanctions Regulations Web General Licenses
The Department of the Treasury’s Office of Foreign Assets Control publishes General Licenses S and T to authorize limited safety, environmental, and cargo offloading transactions involving specific blocked vessels and persons under Executive Order 13902. These licenses permit activities such as safe docking, crew safety preservation, emergency repairs, and non-Iranian cargo offloading in designated ports through specified expiration dates in early 2026. The document also formally publishes General License 34, which authorizes the wind-down of transactions involving Kovay Gardens under the Global Terrorism and Illicit Drug Trade Sanctions Regulations.
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