August 24, 2026: OFAC Iran Sanctions: a new Determination, revocation of GLs F & G & other exemptions, 2 new GLs, and an OFAC Alert


First, the Determination:

Next, the revocation/suspension of exemptions and general licenses:

Next, General License AA (Authorizing Certain Activities Involving La Nivernaise De Raffinage SAS):

and General License BB (Authorizing the Wind Down of Certain Transactions Previously Authorized Under the Iranian Transactions and Sanctions Regulations):

and, finally, an OFAC Alert (Sanctions Risks of Iranian Demands for Strait of Hormuz Passage):


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