OFAC issued Venezuela General License No. 5Y authorizing transactions related to the Petróleos de Venezuela, S.A. (PdVSA) 2020 8.5% Bond that would otherwise be prohibited under E.O. 13835 (as amended by E.O. 13857) and the Venezuela Sanctions Regulations (31 CFR Part 591). GL 5Y replaces and supersedes GL 5X (dated 18 June 2026) in its entirety, effective 3 August 2026. The only substantive change is the effective date threshold, pushed from August 4, 2026 (under GL 5X) to September 17, 2026 (under GL 5Y).