2026-02-25 | 20260225_33

Issuance of Venezuela-related Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued FAQ 1238 on February 25, 2026. This new guidance specifically addresses the resale of Venezuelan origin oil to Cuba. The document provides regulatory clarification regarding these specific transactions under current sanctions frameworks.

United States

Office of Foreign Assets Control

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Release Date

02/25/2026

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The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing one new, Venezuela-related Frequently Asked Question ( FAQ 1238 ), pertaining to the resale of Venezuelan origin oil to Cuba.