Issuance of Iran-related General License X

In the wake of Iran-USA MoU, OFAC issued GL X, authorizing all transactions prohibited by the several Iran and Iran-related authorities that are ordinarily incident and necessary to the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, including transactions involving vessels blocked under the names authorities, through 12:01 a.m. eastern daylight time, August 21, 2026.