JD Supra

OFAC Issues New General License Authorizing Established US Companies to Engage in Trade of Venezuelan Oil and Related Activities

On January 29, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new Venezuela-related General License (No. 46), authorizing established US companies to engage ...
JD Supra

US Treasury issues Venezuela general licenses related to contingent contract negotiations with the Government of Venezuela and financial services

On April 14, 2026, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two general licenses that expand the scope of authorized activities involving the ...