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Event Brief

US issues general license for Hormuz wind-down

US Treasury OFAC issued a general license allowing limited wind-down activities in the Strait of Hormuz until Sept. 12.
WHO: US Treasury Department (Office of Foreign Assets Control)
WHAT: Issued a general license permitting limited safety and environmental wind-down transactions and cargo offloading in the Strait of Hormuz.
WHEN: Jul 14, 2026 at 9:10 PM ET
WHERE: Strait of Hormuz
WHY: To permit limited safety and environmental wind-down transactions and related cargo offloading.

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