US issues general licence for Iranian-origin oil currently at sea until 19 April 2026

23 March 2026

US issues general licence for Iranian-origin oil currently at sea until 19 April 2026Fly of Swallow Studio/Shutterstock.com

The US has issued General Licence U, which authorises the delivery and sale of Iranian-origin crude oil and petroleum products currently loaded on vessels. The licence: Authorises transactions prohibited by US sanctions that are...

Subscribe for full access Login
Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

More

Footer