#Urgent: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has revoked General License Number X related to Iran and issues General License Number X1, which pertains to «the revocation of the license dated June 21, 2026 for the production, delivery, and sale of crude oil, petrochemical feedstocks and petroleum products of Iranian origin.» 🔹Effective July 7, 2026, General License X dated June 21, 2026 is completely replaced by and superseded by this General License X1. .𓄂
OFAC revoked an Iran-related oil license and issued a new general license
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