Revised Russian Oil License Excludes Cuba, Iran Sanction Relief

Posted 3/20/26

Thursday, OFAC issued a corrected version of the General License issued last week permitting the sale of Russian Oil.   General License 134A leaves the operative authorization unchanged, but narrows it by adding an express exclusion for certain jurisdictions and persons, formally superseding GL 134.   The addition of Cuba to the list of excluded jurisdictions tightens further the screws being applied by the Trump administration to the beleaguered island state. Friday Evening the White House lifted some sanctions on Iran to permit the Regime to sell its oil.

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