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Russia: Government prohibits the crude oil exportation under price cap conditions

Description

On 28 January 2023, the government of Russia issued Decree No. 118, prohibiting the exportation of crude oil to buyers observing the price cap imposed as part of sanctions against Russia.The new decre...

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Intervention Details

Intervention Type

Export ban

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Feb 2023

Revocation date

30 Jun 2026

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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