Statute
Executive Order 14024
61 published works
Cleary Foreign Investment and International Trade Watch
OFAC General Licenses Open Door for Lukoil Divestment and Other Limited Activities Following Rosneft and Lukoil Sanctions
By Chase D. Kaniecki, Samuel H. Chang, Kerry Mullins
For more insights and analysis from Cleary lawyers on policy and regulatory developments from a legal perspective, visit What to Expect From a Second Trump Administration. On October 22, 2025, the…
Global Trade Law Blog
Striking Russian Oil and The Ripple Effects
By Julien Blanquart, Jonathan Wang, Jordan Mallory, Reid Whitten
As Russian Energy Week concluded last week, Western governments strike to the heart of Russia’s energy sector with sanctions packages to cut of revenue that funds Russia’s continued war against…
Eye on Enforcement
Client Advisory: OFAC Sanctions Russian Oil Giants, Targets Energy and Military Industrial Base Under Executive Order 14024
By Rico Falsone, Sinan Pismisoglu
On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping new sanctions targeting Russia’s energy sector, citing the Kremlin’s continued refusal to…
International Trade Insights
OFAC Sanctions Russian Oil Giants Lukoil and Rosneft
On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced the immediate imposition of full blocking sanctions pursuant to Executive Order (“E.O.”) 14024…
Ogletree Deakins Insights
Companies Gauge Impact of Return to Office
Quick Hits Remote work and hybrid work remain a growing trend. Some employers, including federal agencies, have implemented return-to-work policies during the last two years. Employers with a return-to-work policy…
SmarTrade
OFAC Again Continues to Extend Authorizations Under Russia General License 13
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Aaron C. Mandelbaum
On April 7, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) again extended previous Russia-related General License (GL) 13 by issuing a revised GL 13M, “Authorizing Certain…
International Trade Law
Parting Shots by Biden Administration in the Form of Sweeping New Russia Sanctions
By Dj Wolff, Carlton Greene, Erik Woodhouse, Jeremy Iloulian, Edward Goetz
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of State issued new Russia sanctions on January 10th and 15th, 2025. On the…
Cleary Foreign Investment and International Trade Watch
OFAC Expands Sanctions against Russian Energy Sector
By Chase D. Kaniecki, Samuel H. Chang, Yulia A. Solomakhina, Catherine Johnson
On January 10, 2025, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) issued sweeping new sanctions targeting Russia’s energy sector, including the imposition of a new…
SmarTrade
Treasury and State Departments Further Increase Sanctions on Russia by Targeting Its Oil and Gas Production Sectors
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Aaron C. Mandelbaum
On January 10, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted significant entities involved in Russia’s oil production, maritime insurers, maritime oil tankers, and other…
SmarTrade
OFAC Continues to Extend Authorizations Under Russia General License 13
By Scott E. Diamond**, Francesca M.S. Guerrero, Aaron C. Mandelbaum
On January 7, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) again extended previous Russia-related General License (GL) 13 by issuing a revised GL 13L, “Authorizing Certain…