June 22, 2026: Drill, baby, drill – OFAC licenses Iranian oil sales (for a while)


Check out, as expected, Iran General License X (Authorizing the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Products of Iranian-Origin through August 21, 2026):

Mr. Sanctions’ Note: anyone know why, unlike all other OFAC sanctions programs, GLs for Iran are lettered, not numbered? Maybe I should ask Claude….


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