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November 23, 2022

OFAC determined that an Executive Order prohibiting new investment and services to the Russian Federation applies to the maritime transportation of Russian Federation-origin crude oil and petroleum products purchased under a certain price cap.

November 11, 2022

OFAC issued a revised General License authorizing energy-related transactions with certain entities through 12:01 a.m. May 15, 2023. The previous version of the GL, authorized such transactions through December 5, 2022.