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ARTICLE · 23 FEBRUARY 2026

Weekly Sanctions Update: February 18, 2026

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The Sanctions Update is compiled by Steptoe's International Trade and Regulatory Compliance team and Steptoe's Strategic Risk team.

United StatesInternational Law
Steptoe LLP
Steptoe LLP

The Sanctions Update is compiled by Steptoe's International Trade and Regulatory Compliance team and Steptoe's Strategic Risk team. You can subscribe to receive the Sanctions Update every week through Steptoe's International Compliance Blog and Stepwise Risk Outlook publication home pages.

For more information or advice on any of the developments discussed below, please contact a member of our sanctions team here.

US Developments

OFAC Continues to Expand Venezuela Authorizations

OFAC has continued to issue new and amended general licenses (GLs) as part of the Trump administration's efforts to increase access to, and production in, Venezuela's oil industry.

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