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OFAC Issues Venezuela General Licenses 46B, 48A, 49A and Amends FAQs
The Office of Foreign Assets Control (OFAC) has issued updated Venezuela-related General Licenses 46B, 48A, and 49A, authorizing specific activities related to Venezuelan oil, petrochemicals, and investment negotiations. OFAC also amended two related Frequently Asked Questions.
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Guidance
Sanctions
OFAC Issues Russia-related General License 134 on Crude Oil
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued Russia-related General License 134, authorizing the delivery and sale of crude oil and petroleum products of Russian Federation origin loaded on vessels as of March 12, 2026. This license provides specific exceptions to sanctions for certain oil transactions.
Priority review
Guidance
Sanctions
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