Rule2026-20010
Publication of Iran-Related Web General Licenses X and X1
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 30, 2026
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two Iran-related general licenses (GLs): GL X and GL X1. These GLs were previously made available on OFAC's website. GL X was revoked and superseded by GL X1. GL X1 has expired.
Full Text
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<title>Federal Register, Volume 91 Issue 188 (Wednesday, September 30, 2026)</title>
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[Federal Register Volume 91, Number 188 (Wednesday, September 30, 2026)]
[Rules and Regulations]
[Pages 61758-61759]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-20010]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Parts 544, 560, 561, 562, 587, 589, and 594
Publication of Iran-Related Web General Licenses X and X1
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two Iran-related general licenses (GLs):
GL X and GL X1. These GLs were previously made available on OFAC's
website. GL X was revoked and superseded by GL X1. GL X1 has expired.
DATES: GL X was issued on June 21, 2026. See SUPPLEMENTARY INFORMATION
for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>.
Background
On June 21, 2026, OFAC issued GL X to authorize certain
transactions otherwise prohibited by the Iranian Transactions and
Sanctions Regulations, 31 CFR part 560; Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587; Ukraine-/Russia-
Related Sanctions Regulations, 31 CFR part 589; Weapons of Mass
Destruction Proliferators Sanctions Regulations, 31 CFR part 544;
Iranian Financial Sanctions Regulations, 31 CFR part 561; Iranian
Sector and Human Rights Abuses Sanctions Regulations, 31 CFR part 562;
Global Terrorism Sanctions Regulations, 31 CFR part 594; Executive
Order (E.O.) 13846 of August 6, 2018, ``Reimposing Certain Sanctions
With Respect to Iran'' (83 FR 38939, August 7, 2018); E.O. 13876 of
June 24, 2019, ``Imposing Sanctions With Respect to Iran'' (83 FR
30573, June 26, 2019); E.O. 13902 of January 10, 2020, ``Imposing
Sanctions With Respect to Additional Sectors of Iran'' (85 FR 2003,
January 14, 2020); and E.O. 13949 of September 21, 2020, ``Blocking
Property of Certain Persons with Respect to the Conventional Arms
Activities of Iran'' (85 FR 60043, September 23, 2020). On July 7,
2026, OFAC issued GL X1, which authorized transactions otherwise
prohibited by the same regulations and Executive orders as GL X. GL X
was revoked and superseded by GL X1. GL X1 expired on July 17, 2026.
These GLs were made available on OFAC's website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>). The text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations, 31 CFR Part 560;
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR Part
587;
Ukraine-/Russia-Related Sanctions Regulations, 31 CFR Part 589;
Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 CFR
Part 544;
Iranian Financial Sanctions Regulations, 31 CFR Part 561;
Iranian Sector and Human Rights Abuses Sanctions Regulations, 31 CFR
Part 562;
Global Terrorism Sanctions Regulations, 31 CFR Part 594;
Executive Order 13846 of August 6, 2018 (``Reimposing Certain Sanctions
With Respect to Iran'');
Executive Order 13876 of June 24, 2019 (``Imposing Sanctions With
Respect to Iran'');
Executive Order 13902 of January 10, 2020 (``Imposing Sanctions With
Respect to Additional Sectors of Iran'');
Executive Order 13949 of September 21, 2020 (``Blocking Property of
Certain Persons With Respect to the Conventional Arms Activities of
Iran'')
GENERAL LICENSE X
Authorizing the Production, Delivery and Sale of Crude Oil,
Petrochemical Products, and Petroleum Products of Iranian-Origin
Through August 21, 2026
(a) Except as provided in paragraph (b) and (c), all transactions
prohibited by the above-listed authorities that are ordinarily incident
and necessary to the production, sale, delivery, or offloading of crude
oil, petrochemical products, or petroleum products of Iranian origin,
including transactions involving vessels blocked under the above-listed
authorities, are authorized through 12:01 a.m. eastern daylight time,
August 21, 2026.
Note 1 to paragraph (a). Transactions that are ordinarily
incident and necessary to the production, sale, delivery, or
offloading of such crude oil, petrochemical products, or petroleum
products include transactions for the safe docking and anchoring of
vessels carrying such crude oil, petrochemical products, or
petroleum products; the preservation of the health or safety of the
crew of any such vessel; emergency repairs or environmental
mitigation or protection activities relating to any such vessel or
to such crude oil, petrochemical products, or petroleum products
held in storage; and
[[Page 61759]]
services such as vessel management, crewing, bunkering, piloting,
registration, flagging, insurance, classification, and salvage.
Iranian-origin crude oil, petrochemical products, and petroleum
products subject to this general license include those produced by
entities sanctioned under the Iranian Transactions and Sanctions
Regulations, 31 CFR part 560, Iranian Financial Sanctions
Regulations, 31 CFR part 561, or the Global Terrorism Sanctions
Regulations, 31 CFR part 594.
Note 2 to paragraph (a). Transactions authorized by this
general license include the importation into the United States of
crude oil, petrochemical products, and petroleum products of Iranian
origin, where such importation is ordinarily incident and necessary
to the sale, delivery, or offloading of such crude oil,
petrochemical products, or petroleum products authorized by this
general license.
(b) Any payment of funds owed to Iran, the Government of Iran, or
any blocked person for the purchase of crude oil, petrochemical
products, or petroleum products of Iranian origin authorized by
paragraph (a) may be made in U.S. dollar-denominated funds.
(c) This general license does not authorize:
(1) Any transaction involving a person located in or organized
under the laws of the Democratic People's Republic of Korea, the
Republic of Cuba, the Covered Regions of Ukraine, as defined by E.O.
14065, the Crimea Region of Ukraine, as defined by E.O. 13685, or any
entity that is owned or controlled by or in a joint venture with such
persons; or
(2) Any other transactions or activities prohibited by any other
Executive order or by any part of 31 CFR chapter V not referenced in
this general license.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations, 31 CFR Part 560;
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR Part
587;
Ukraine-/Russia-Related Sanctions Regulations, 31 CFR Part 589;
Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 CFR
Part 544;
Iranian Financial Sanctions Regulations, 31 CFR Part 561;
Iranian Sector and Human Rights Abuses Sanctions Regulations, 31 CFR
Part 562;
Global Terrorism Sanctions Regulations, 31 CFR Part 594;
Executive Order 13846 of August 6, 2018 (``Reimposing Certain Sanctions
With Respect to Iran'');
Executive Order 13876 of June 24, 2019 (``Imposing Sanctions With
Respect to Iran'');
Executive Order 13902 of January 10, 2020 (``Imposing Sanctions With
Respect to Additional Sectors of Iran'');
Executive Order 13949 of September 21, 2020 (``Blocking Property of
Certain Persons With Respect to the Conventional Arms Activities of
Iran'')
GENERAL LICENSE X1
Revocation and Wind Down of June 21, 2026 Authorization for the
Production, Delivery and Sale of Crude Oil, Petrochemical Products, and
Petroleum Products of Iranian Origin
(a) Effective July 7, 2026, General License X, dated June 21, 2026,
is revoked and superseded in its entirety by General License X1.
(b) Except as provided in paragraph (c), all transactions
prohibited by the above-listed authorities that are ordinarily incident
and necessary to the wind down of transactions previously authorized by
General License X are authorized through 12:01 a.m. eastern daylight
time, July 17, 2026, provided that any payment to a blocked person must
be made into a blocked, interest-bearing account located in the United
States.
Note to paragraph (b). Except to the extent ordinarily incident
and necessary to the wind down of transactions previously authorized
by General License X for the production, sale, delivery, or
offloading of crude oil, petrochemical products, or petroleum
products of Iranian origin, paragraph (b) does not authorize any new
transactions, including purchases or loading of such products on or
after July 7, 2026.
(c) This general license does not authorize:
(1) Any transaction involving a person located in or organized
under the laws of the Democratic People's Republic of Korea, the
Republic of Cuba, the Covered Regions of Ukraine, as defined by E.O.
14065, the Crimea Region of Ukraine, as defined by E.O. 13685, or any
entity that is owned or controlled by or in a joint venture with such
persons; or
(2) Any other transactions or activities prohibited by any other
Executive order or by any part of 31 CFR chapter V not referenced in
this general license.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-20010 Filed 9-29-26; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 30, 2026.
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