Tag: petroleum_products

US Treasury Issues General License for Iranian Oil and Petrochemical Products

22 Jun 2026 9:35 a.m. · Source: US Treasury

The US Treasury's OFAC has issued Iran General License X, permitting the production, delivery, and sale of Iranian-origin crude oil, petrochemical, and petroleum products. This authorization is valid until August 21, 2026, impacting Iran's energy sector.

Politics and Government Business World Federal Government Trade Economy Middle East US Treasury OFAC Iran General License X Crude Oil Petrochemical Products Petroleum Products