International Trade Alert*Thank you to Sam Guerrero, 2026 Akin Summer Associate, for his valuable collaboration on this article.
Highlights
On June 22, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Iran-related General License X (GL X), authorizing through August 21, 2026 a range of transactions and activities intended to facilitate the export of Iranian-origin crude oil, petrochemical products and petroleum products (Authorized Products) otherwise p...
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