Global Trade Alert
Global Trade Alert

Russia: Prohibition of oil exportation to buyers following the price cap

Announcement

27 Dec 2022

In December 2022, the President of Russia prohibited the exportation of oil to entities and individuals adhering to the price cap imposed on Russia as part of sanctions. 

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 27 Dec 2022
Export ban
On 27 December 2022, Russian president Vladimir Putin signed Decree No. 961, prohibiting the exportation of Russian oil and petroleum products to foreign individuals and entities adhering to the oil c...
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