Announcement
28 Jan 2023
In January 2023, the government of Russia published a decree confirming and elaborating on the prohibition of the exportation of crude oil to the buyers observing the "price cap" on Russian oil announced as part of sanctions against the country.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Feb 2023
Revocation date:
30 Jun 2026
Prolonged: 01 Jan 2026
Export ban
In force
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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