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Australia: Imposition of USD 100 per barrel price cap on Russian seaborne petroleum products

Description

On 15 February 2023, the government of Australia implemented a prohibition on the provision of certain financial services related to the maritime transportation of Russian oil above the price cap of U...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

15 Feb 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

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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