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Global Trade Alert

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EU: Adoption of a price cap mechanism for Russian crude oil and petroleum products, as well as additional trade sanctions

Description

On 6 October 2022, the EU adopted Council Regulation (EU) 2022/1904 establishing a price cap for petroleum products, classified under CN 2710 and transported maritimely, from Russia. The measure enter...

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Intervention Details

Intervention Type

Instrument unclear

MAST Chapter

Instrument unclear

Implementation date

05 Feb 2023

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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Threads

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