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Global Trade Alert

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United Kingdom: HM Treasury prohibits the provision of services facilitating the maritime transport of Russian oil above USD 60 per barrel

Description

On 2 December 2022, the Treasury Department of the United Kingdom prohibited British operators from providing maritime transportation service to third-country entities if they trade Russian seaborne c...

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Intervention Details

Intervention Type

Export-related non-tariff measure, nes

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

05 Dec 2022

Revocation date

01 Sep 2025

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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