Announcement
02 Sep 2022
In September 2022, the U.S. government announced banning services that will enable the maritime transportation of Russian oil and petroleum products.
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Number of interventions
1
0 certainly harmful
1 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
No implementation date
Revocation date:
No revocation date
Import-related non-tariff measure, nes
On 2 September 2022, the G7 leaders issued a joint statement stating their intention to implement a prohibition of certain services that will facilitate the export of Russian-origin crude oil and petr...
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Related State Acts
02 Sep 2022
United Kingdom: Prohibition of services to Russia’s seaborne oil exports above an agreed price cap
02 Sep 2022
Canada: Government commits to a price cap on Russian oil and petroleum products exports
02 Dec 2022
United States of America: Department of Treasury bans providing services facilitating the maritime transport of Russian oil above USD 60 per barrel
03 Feb 2023
United States of America: Department of Treasury prohibits providing services facilitating the maritime transport of Russian petroleum products above USD 45 or USD 100 per barrel
12 Oct 2023
United States of America: Treasury imposes sanction on entities for carrying Russian crude oil above the price cap
16 Nov 2023
United States of America: Treasury imposes sanction on additional maritime companies for carrying Russian crude oil above the price cap
01 Dec 2023
United States of America: Treasury imposes sanction on several maritime companies for carrying Russian crude oil above the price cap
20 Dec 2023
United States of America: Treasury imposes sanction on four maritime companies for carrying Russian crude oil above the price cap
18 Jan 2024
United States of America: Treasury imposes sanction on a UAE-based maritime company for carrying Russian crude oil above the price cap
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