US EditionCharacteristics and Scope of OFAC Licenses for Venezuela in 2026
2 Articles
2 Articles
Since the end of January 2026, the U.S. Treasury Department, through the Office of Foreign Assets Control (OFAC), has issued a set of general licenses that partially modify the sanctions scheme on Venezuela, with an emphasis on the energy sector. These measures do not imply the total lifting of sanctions, but rather a selective reconfiguration of restrictions, aimed primarily at allowing specific operations related to oil, petrochemicals and ass…
Characteristics and Scope of OFAC Licenses for Venezuela in 2026
By Misión Verdad – Mar 20, 2026 Since the end of January 2026, the US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a set of general licenses that partially modify the sanctions regime imposed on Venezuela, with a focus on the energy sector. These measures do not imply any lifting of the unilateral coercive measures, but rather a selective reconfiguration of the restrictions, primarily aimed at allowing specific oper…
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