OFAC Extends Russia-Related General License on Energy Transactions

The Office of Foreign Assets Control renewed a Russia-related general license authorizing certain energy-related transactions with several Russian companies. General License 8C, which replaces GL 8B (see 2204060051), authorizes the transactions through 12:01 a.m. EST Dec. 5. The license was previously scheduled to expire June 24. OFAC updated its frequently asked questions to reflect the change.