Treasury Publishes More Russian Energy Sanctions Workarounds
Published Date: 3/2/2026
Rule
Summary
The Treasury Department just made official four special permissions (called general licenses) that let certain businesses do some activities with Russian oil projects that were previously banned. These changes mainly affect companies linked to the Caspian Pipeline and Tengizchevroil projects, with one license replacing an older one and three others now expired. If you’re involved in these areas, keep an eye on the dates and rules to avoid any money troubles!
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Key Dates
Department and Agencies
Related Federal Register Documents
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Previous / Next Documents
Previous: 2026-04086, Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 128B
The U.S. Treasury just made it official: certain business deals with Lukoil’s gas stations outside Russia are allowed until April 29, 2026. This update replaces the old rules and lets companies keep those stations running or close them down without breaking sanctions. If you’re handling money or services for Lukoil’s international outlets, this license is your new go-to guide.
Next: 2026-04088, National Bank Chartering
Starting April 1, 2026, national banks that act like trust companies can now officially do more than just trust-related jobs—they can also take on other non-fiduciary activities. This update clears up old rules and gives these banks more freedom to grow and serve customers better. If you run or work with a national bank, get ready for some fresh opportunities without extra costs or delays!