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OFAC Extends Authorization for Russian Oil Cargo Deliveries Through June 17

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The US Treasury extended authorization for certain Russian crude oil and petroleum cargo deliveries through June 17, according to an Office of Foreign Assets Control license issued Monday.

The new General License 134C allows transactions tied to the sale, delivery, or offloading of Russian-origin crude oil and petroleum products loaded on vessels before 12:01 a.m. eastern daylight time on April 17.

OFAC said the authorization also covers transactions involving vessels blocked under existing Russia-related sanctions regulations, provided the cargo was loaded before the April 17 deadline.

The license permits activities linked to safe docking, anchoring, and vessel operations, including crew management, bunkering, insurance, piloting, salvage, and emergency environmental protection measures.

OFAC also authorized emergency repairs and health and safety support for crews operating vessels carrying Russian crude oil or petroleum products covered under the license.

The agency said sanctioned Russian energy producers operating under the Russian Harmful Foreign Activities Sanctions Regulations or Ukraine-/Russia-Related Sanctions Regulations remain eligible under the authorization.

The license excludes transactions involving entities or individuals tied to Iran, North Korea, Cuba, Crimea, or Russian-occupied regions of Ukraine, according to the document.

OFAC said the license does not permit transactions banned under other executive orders or sanctions rules, including dealings involving Iran, the Iranian government, or Iranian-origin goods and services restricted under 31 CFR part 560.

The authorization expires at 12:01 a.m. EDT on June 17, 2026, replacing temporary relief previously granted under General License 134B, the agency said Monday.

OFAC said General License 134C officially replaced and superseded General License 134B on May 18 after the earlier authorization expired on May 16.

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