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Global Trade Alert

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EU: Operators prohibited from providing financial and transport services related to Russian crude oil and petroleum products above USD 45 or USD 100 per barrel

Description

On 4 February 2023, the European Union, through Commission Implementing Regulation (EU) 2023/251, prohibited EU operators from providing certain commercial financing services to entities that provide ...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

05 Feb 2023

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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