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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 crude oil, classified under CN 2709.00 and transported maritimely, from Russia. The measure enters into...

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Intervention Details

Intervention Type

Instrument unclear

MAST Chapter

Instrument unclear

Implementation date

05 Dec 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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