OFAC Rescinds Iranian Sanctions Relaxation Following Renewed Conflict
On July 7, 2026, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) revoked its recent rollback of sanctions against Iran with the issuance of General License X1 (GL X1). On…
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cnbc.com·2d agoUnited States revokes license that authorized Iranian oil sales
IRAN-CRISIS-USA-SANCTIONS:United States revokes license that authorized Iranian oil sales
U.S. issues 60-day Iran oil sanctions waiver, allowing dollar-denominated trade amid peace talks
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal pr
cnbc.com·16d ago
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