OFAC's Second Quarter Report for Fiscal Year 2026

OFAC's Second Quarter Report for Fiscal Year 2026, covering January through March 2026, shows the Licensing Division received 322 applications under Section 906(a)(1) of the TSRA — 297 for agricultural commodities, 17 for medicine, and 8 for medical devices. OFAC issued 298 licensing determinations during the period, comprising just 3 licenses (2 agricultural, 1 medical device), 0 license amendments, 2 return-without-action letters, 0 denials, and 1 general license guidance letter.