{"data":{"id":"us/31-cfr-561.318","jurisdiction":"us","citation":"31 CFR 561.318","heading":"Petroleum.","body":"The term petroleum (also known as crude oil) means a mixture of hydrocarbons that exists in liquid phase in natural underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY","PART 561—IRANIAN FINANCIAL SANCTIONS REGULATIONS","Subpart C—General Definitions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"851a325fdf34a7767e2c07c596d6f9cfbe64f2b7b69d28ab5d15cb64133f71f4","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-561.317","next":"us/31-cfr-561.319"},"notice":"GroundRules: Original legal text. Not legal advice."}