Dossier
Iran Nuclear Deal (JCPOA)
Coverage of Iran Nuclear Deal (JCPOA) in the Nexus archive.
U.S. Department of the Treasuryorganization1Office of Foreign Assets Control (OFAC)organization1General License Xtopic1General License X1topic1Donald Trumpperson1Islamic Revolutionary Guard Corps (IRGC)organization1Code of Federal Regulationstopic1International Emergency Economic Powers Act (IEEPA)topic1
- Expert Q&A: Decoding the Treasury Department’s Actions on Iran
The U.S. Treasury Department’s OFAC issued and revoked Iran-related sanctions relief via General Licenses X and X1 in June and July 2026, following a pattern similar to the earlier JCPOA. These actions aimed to facilitate negotiations but faced practical challenges due to lack of carve-outs for IRGC-related transactions and limited State Department waivers.