Global Trade Alert
Global Trade Alert

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EU: Operators prohibited from providing financial and transport services related to Russian oil above USD 60 per barrel

Description

On 3 December 2022, the EU Commission prohibited EU operators from providing certain commercial financing services to entities that provide transportation-related services for the exportation of Russi...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

05 Dec 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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