Announcement
15 Jan 2026
In January 2026, the UK government, in coordination with the EU, lowered the crude oil price cap on Russian exports from USD 47.60 to USD 44.10 per barrel.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
31 Jan 2026
Revocation date:
No revocation date
Recent update from 15 Jan 2026:
On 15 January 2026, the UK government, in coordination with the European Union, announced a reduction of the crude oil price cap on Russian exports from USD 47.60 to USD 44.10 per barrel. As a resu...
Recent update from 15 Jan 2026:
On 15 January 2026, the UK government, in coordination with the European Union, announced a reduction of the crude oil price cap on Russian exports from USD 47.60 to USD 44.10 per barrel. As a resu...
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