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UK issues general licence for Kazakh oil activities involving Transneft under Russia sanctions regime
Summary
Britain has issued a new Russia sanctions general licence allowing certain activity tied to Kazakh oil moving through Russia, including payments involving Transneft and its subsidiaries, subject to strict conditions.
OFAC delays effectiveness of Venezuela bond license, keeping CITGO collateral transactions blocked
Summary
OFAC issued Venezuela General License 5V and amended FAQ 595, extending the delay on authorization tied to the PdVSA 2020 8.5 percent bond until May 5, 2026.
