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Key facts
Source:US Treasury OFAC (U.S. Treasury, public domain)
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued a new Russia-related regulatory update. This update is formally identified as General License 134B.
The new directive specifically addresses the delivery and sale of crude oil and various petroleum products that originate from the Russian Federation. The scope of this license is limited to specific shipments that were loaded onto vessels on or before April 17, 2026.
This administrative action is part of the ongoing implementation of U.S. sanctions programs related to Russia. The issuance provides specific legal parameters for the handling of these particular energy commodities under existing trade restrictions.
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