2026-03-20 | 20260320_33

Issuance of Iran-related General License U

The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License U on March 20, 2026. This license authorizes the delivery and sale of crude oil and petroleum products of Iranian origin. The authorization specifically applies to products loaded on vessels as of the issuance date.

United States

Office of Foreign Assets Control

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Release Date

03/20/2026

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The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran-related General License U , "Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Iranian-Origin Loaded on Vessels as of March 20, 2026."