2026-17426RuleWallet

Treasury yanks Iran licenses: U.S. policy flip leaves deals in limbo

Published Date: 8/26/2026

Rule

Summary

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is indefinitely suspending five general licenses issued pursuant to the Iranian Transactions and Sanctions Regulations to align with changes in the foreign policy of the United States towards Iran.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Five Iran General Licenses Suspended

The Treasury Department’s Office of Foreign Assets Control (OFAC) is indefinitely suspending five general licenses issued under the Iranian Transactions and Sanctions Regulations. The suspension is being done to align with changes in the United States’ foreign policy toward Iran. If you relied on one of those five general licenses, those permissions are suspended indefinitely.

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Key Dates

Rule Effective
Published Date
8/24/2026
8/26/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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