diff --git a/docs/configuration.rst b/docs/configuration.rst
index 235889e..272b5ea 100644
--- a/docs/configuration.rst
+++ b/docs/configuration.rst
@@ -130,7 +130,7 @@ Open edX customisation
 
 This defines the git repository from which you install Open edX platform code. If you run an Open edX fork with custom patches, set this to your own git repository. You may also override this configuration parameter at build time, by providing a ``--build-arg`` option.
 
-- ``OPENEDX_COMMON_VERSION`` (default: ``"open-release/olive.2"``)
+- ``OPENEDX_COMMON_VERSION`` (default: ``"open-release/olive.3"``)
 
 This defines the default version that will be pulled from all Open edX git repositories.
 
diff --git a/tutor/templates/build/openedx/Dockerfile b/tutor/templates/build/openedx/Dockerfile
index e3d1633..31aafd6 100644
--- a/tutor/templates/build/openedx/Dockerfile
+++ b/tutor/templates/build/openedx/Dockerfile
@@ -41,10 +41,6 @@ RUN git config --global user.email "tutor@overhang.io" \
 # Fix broken Circuit Schematic Builder problem template
 # https://github.com/openedx/edx-platform/pull/31365
 RUN curl -fsSL https://github.com/openedx/edx-platform/commit/20b93b8b01276edadddfbbb67f15714fddd81c31.patch | git am
-
-# Use supported YouTube API for transcripts imports
-# https://github.com/openedx/edx-platform/pull/31862
-RUN curl -fsSL https://github.com/openedx/edx-platform/commit/210dd1d7c211e531b9bc4376d1692a0bb0e6b651.patch | git am
 {%- endif %}
 
 {# Example: RUN curl -fsSL https://github.com/openedx/edx-platform/commit/<GITSHA1> | git am #}
diff --git a/tutor/templates/config/defaults.yml b/tutor/templates/config/defaults.yml
index 9497c96..95d2b8f 100644
--- a/tutor/templates/config/defaults.yml
+++ b/tutor/templates/config/defaults.yml
@@ -51,7 +51,7 @@ OPENEDX_CMS_UWSGI_WORKERS: 2
 OPENEDX_LMS_UWSGI_WORKERS: 2
 OPENEDX_MYSQL_DATABASE: "openedx"
 OPENEDX_MYSQL_USERNAME: "openedx"
-OPENEDX_COMMON_VERSION: "open-release/olive.2"
+OPENEDX_COMMON_VERSION: "open-release/olive.3"
 OPENEDX_EXTRA_PIP_REQUIREMENTS:
   - "openedx-scorm-xblock>=15.0.0,<16.0.0"
 MYSQL_HOST: "mysql"