US Treasury OFAC issued "General License X" on June 22, a 60-day authorization permitting worldwide purchase and transport of Iranian crude and products with no volume cap - a concrete unwind of the wartime blockade that accelerated the reopening of Gulf oil flows.
Provenance — node opacity = source trust
- Evidence Strength
Strong- Evidence Observed At
- Jun 22, 2026 · 2:00 PM UTC
- Citation
- https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions
- Citation Source
treasury-press- Policy Category
Regulatory Ruling- Effective Date
- Jun 22, 2026