On July 7, 2026, OFAC revoked Iran General License X (GL X) and replaced it with General License X1 (GL X1). The waiver, which had been due to run until August 21, lasted barely two weeks. GL X1 is not a continuation; it is a narrow wind-down authorization that expires on July 17, 2026.
In addition to the post above, don’t miss our Trump 2.0 tariff tracker which tracks the latest threatened and implemented U.S. tariffs, as well as counter-tariffs from other countries around the world.
