The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued a temporary general license authorizing certain transactions related to energy originating from the Russian Federation. This action, announced on March 13, 2026, is designed to mitigate market volatility and ensure continued energy supply stability.
The authorization permits specific financial and logistical transactions that were previously restricted under sanctions regimes. Officials stated the measure is a targeted, time-limited exception to prevent unintended economic consequences and is not a lifting of core sanctions on Russia.
Analysts note the move comes amid ongoing global efforts to manage energy prices and supply chains. The Treasury Department emphasized that broad sanctions on Russia remain firmly in place and that this license is subject to strict conditions and an expiration date.
