Global Trade Alert
Global Trade Alert

New Zealand: Sanctions against Russia targeting 13 entities, 100 vessels and lowering the oil price cap

Announcement

20 Feb 2026

In February 2026, New Zealand announced its sanctions against Russia, targeting 13 entities and 100 vessels while also lowering the crude oil price cap. The measures aim to reduce revenues and military support for Russia's invasion of Ukraine.

Source

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Number of interventions

7

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Feb 2026

Revocation date:

No revocation date

Updated: 20 Feb 2026
Controls on commercial transactions and investment instruments In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand government prohibited New Zealand persons from providing specified brokering, financing, financial assistance and insurance services in relation to the maritime...

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Updated: 20 Feb 2026
Export-related non-tariff measure, nes In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand government prohibited New Zealand persons from providing, directly or indirectly, transport for the maritime exportation of Russian oil priced above USD 44.10 p...

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Updated: 20 Feb 2026
Controls on commercial transactions and investment instruments In force

Recent update from 20 Feb 2026:

On 20 February 2025, the New Zealand Government imposed asset freezes on two entities from the Democratic People's Republic of Korea and prohibited the provision of services to them. The measure pr...

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Updated: 20 Feb 2026
Controls on commercial transactions and investment instruments In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand Government imposed asset freezes on one entity from Iran and prohibited the provision of services to it. The measure prohibits financial services targeting firm...

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Updated: 20 Feb 2026
Controls on commercial transactions and investment instruments In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand Government imposed asset freezes on one entity from Belarus and prohibited the provision of services to it. The measure prohibits financial services targeting f...

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Updated: 20 Feb 2026
Controls on commercial transactions and investment instruments In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand Government imposed asset freezes on nine entities from Russia and prohibited the provision of services to them. The measure prohibits financial services targeti...

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Updated: 20 Feb 2026
Foreign customer limit In force

Recent update from 20 Feb 2026:

On 20 February 2026, the New Zealand government added 100 vessels to the list of vessels for which port access and the provision of several services are prohibited. The measure follows the 34th rou...

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