The U.S. administration has extended until August 22 the sanctions exemption allowing for the sale of Lukoil International GmbH (LIG), according to General License 131H released by the U.S. Department of the Treasury’s Office of Foreign Assets Control.
The US Treasury has extended the general license allowing US citizens and companies to pay taxes in Russia.
The U.S. Department of the Treasury has suspended the general license issued in June to ease U.S. sanctions against Iran’s oil sector until August 21 and has prohibited new transactions in this sphere.
The department did not provide any comment, including a justification for this decision
The US Treasury Department announced the expansion of its sanctions lists against Iran
Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, U.S. Treasury Secretary Scott Bessent said.
The United States renewed a waiver allowing countries to buy Russian oil until May 16, according to a general license published on the OFAC website of the U.S. Treasury Department.
U.S. Treasury Secretary Scott Bessent said the maximum extra amount of oil revenue Russia could get would be $2 billion.
The U.S. administration waived sanctions on the purchase of Iranian oil at sea for 30 days in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli war on Iran.
The U.S. Department of the Treasury sanctions on Russian oil will be lifted if the Ukrainian crisis is resolved peacefully, which will contribute to a reduction in global energy prices, U.S. Treasury Secretary Scott Bessent said.
The United States is sending additional forces toward Iran, U.S. Treasury Secretary Scott Bessent said.
The U.S. State Department announced new sanctions targeting entities, individuals and vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products.
The United States will continue to be a part of NATO, U.S. Treasury Secretary Scott Bessent said.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has extended the license that authorizes negotiations and entry into contingent contracts with Russian oil company Lukoil for the sale of Lukoil International GmbH (LIG) or any companies it controls until February 28.
The U.S. Treasury has rejected an offer from the U.S. investment bank Xtellus Partners to buy foreign assets of Russian oil major Lukoil, Reuters reported, citing sources.
Washington has issued a license for transactions for the sale of Lukoil's foreign assets until January 17, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) reported.
Russia's second-largest energy company Lukoil has filed for an extension to the U.S. Treasury's deadline which prohibits transactions with the Russian …
The UЫ Treasury Department has announced a partial easing of sanctions targeting Syria. The day before, the Syrian Arab Republic's interim president and the interior minister were removed from the US sanctions list.
The United States imposed further sanctions on Russian oil companies, the U.S. Department of Treasury said in a press release.
The US Treasury Department announced new sanctions against entities and individuals linked to Iran, with the updated list including 16 companies and persons connected to systems designed to circumvent international restrictions. …
