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Global Trade Alert

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Australia: Government lowers price cap on Russian crude oil and imposes sanctions on 95 vessels (September 2025)

Description

On 18 September 2025, the Australian Government prohibited entities from providing maritime transportation services related to the trading of Russian crude oil above the price cap of USD 47.6 per barr...

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Intervention Details

Intervention Type

Export-related non-tariff measure, nes

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

18 Sep 2025

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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