Treasury pauses five Iran-related licenses

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has indefinitely suspended five general licenses. These licenses were originally issued under the Iranian Transactions and Sanctions Regulations.

Why it matters: This is a targeted administrative adjustment rather than a broad policy shift. It signals a tightening of specific compliance pathways. For businesses, this means the automatic permission for those five specific categories of transactions is gone, requiring a review of current operations to ensure they are not relying on a license that is no longer active.

Who it affects

• U.S. companies currently conducting transactions covered by the five suspended general licenses

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The source is the Federal Register notice from the Treasury Department’s Office of Foreign Assets Control; readers should consult the original document to identify the specific license numbers and transaction types affected.

Agency: Treasury Department, Foreign Assets Control Office
Source: Federal Register — read the official document