The US has lifted sanctions on energy transactions with the new Syrian authorities.

The United States has exempted certain financial transactions with the new Syrian government from sanctions, including energy and money transfer transactions, the US Treasury Department said in a statement.

According to the general license issued by the department, operations related to energy resources and the Syrian government, prohibited under previously adopted US orders, are “permitted until 12:01 p.m. ET [07:01 Moscow time] on July 7, 2025.”

As the Ministry of Finance clarified, this concerns “transactions with government agencies in Syria after December 8, 2024 , transactions in support of the sale, supply, storage or gratuitous transfer of energy resources, includingoil , petroleum products, natural gas and electricity, to Syria or its territory, transactions that normally occur and are necessary for processing the transfer of non-commercial personal money transfers to Syria, including through the Central Bank of Syria."

However, this license will not unblock the property or property interests of any persons subject to US sanctions, nor will it permit financial transfers to and from sanctioned countries. "The end of Bashar al-Assad's brutal and repressive rule <...> provides Syria and its people with a unique opportunity to recover. During this transition, the Treasury Department will continue to support humanitarian assistance and responsible governance in Syria," said U.S. Deputy Secretary of the Treasury Wally Adeyemo.

Currently, almost the entire population of Syria lives below the poverty line, with approximately 75% living on less than $3.65 per person per day and 33% living on less than $2.15, which is considered extreme poverty.

Before the civil war that began in 2011, Syria was a major oil exporter , earning $3–5 billion, with European countries being the main buyers. The new Syrian government has no control over many oil fields. These are primarily concentrated in the northeast of the republic, which is still controlled by Kurdish militias that are not subservient to the new Damascus authorities.

The Wall Street Journal reported yesterday, citing sources, that the US would ease sanctions against Syria. As the newspaper noted, the US plans to proceed cautiously, not lifting all restrictions imposed on Syria until the policy direction of the new government becomes clearer. Washington is seeking guarantees that Damascus will honor its promises regarding the rights of women and ethnic minorities.

Since the fall of Bashar al-Assad's regime, the group Hay'at Tahrir al-Sham has effectively held power in Syria. It is designated as a terrorist organization and banned in Russia. It has similar status in the UK , the US, Turkey, and other countries. The group's leader, Abu Mohammed al-Julani, began his rise within al-Qaeda (designated as a terrorist organization and banned in Russia), and the group itself was founded by Jabhat al-Nusra (designated as a terrorist organization and banned in Russia).

"We will be vigilant. Make no mistake, some of the rebel groups that toppled Assad have a dismal record of terrorism and human rights abuses. We've taken note of the statements made by the leaders of these rebel groups in recent days. And we... they're saying the right things now, but as they assume greater responsibility, we'll evaluate not only their words but also their actions," US President Joe Biden noted in December .

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