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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 products above USD 45 or USD 100 per barrel

Description

On 3 February 2023, the Treasury Department of the United Kingdom announced that the UK prohibited British entities from providing services facilitating the maritime transport of refined oil products ...

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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

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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