Global Trade Alert
Global Trade Alert

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

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

Updated: 15 Jun 2025
Export ban In force

Recent update from 15 Dec 2025:

On 15 December 2025, the president of Russia published Decree No. 937, extending the prohibition until 30 June 2026.

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