U.S. Treasury allows Russian diesel transactions through April 2027
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a license allowing transactions involving the sale, delivery, unloading, and import of diesel fuel of Russian origin through April 7, 2027.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has authorized transactions involving the sale, delivery, unloading, and import of Russian diesel fuel through April 7, 2027. This decision was announced in General License No. 135, published by OFAC on October 9. Prior to this authorization, transactions involving Russian diesel were prohibited under sanctions imposed on Russia in early 2022.
The exemption remains in effect until April 7, 2027. The license does not permit the withdrawal of funds from accounts at U.S. financial institutions belonging to the Central Bank of the Russian Federation, Russia's National Wealth Fund, or the Russian Finance Ministry. Earlier on the same day, U.S. President Donald Trump announced an agreement with Russian President Vladimir Putin to supply millions of tons of Russian diesel fuel to global markets, claiming it would help reduce prices before the November midterms.
Ukrainian President Volodymyr Zelenskyy criticized the decision, arguing that easing sanctions without any concessions from Moscow would only provide the Kremlin with more resources to target Ukrainian civilians.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
