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20 gru 2023 · Treasury Tightens the Price Cap with New Sanctions and Updated Guidance. The Department of the Treasury's Office of Foreign Assets Control (OFAC) has published Updated Guidance on Implementation of the Price Cap Policy for Crude Oil and Petroleum Products of Russian Federation Origin. Additionally, OFAC is issuing Russia-related General License ...
- Updates Related to Price Cap on Russian Oil
On September 2, 2022, G7 Finance Ministers issued a...
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The U.S. Department of the Treasury has repeatedly raised...
- With Over 300 Sanctions, U.S. Targets Russia’s Circumvention and ...
OFAC’s sanctions on 22 individuals and 104 entities, with...
- U.S. Treasury Announces Unprecedented & Expansive Sanctions Against ...
Building off of President Biden’s initial sanctions...
- Updates Related to Price Cap on Russian Oil
2 wrz 2022 · On September 2, 2022, G7 Finance Ministers issued a statement confirming their joint intention to implement a price cap with respect to Russian-origin crude oil and petroleum products.
14 wrz 2023 · The U.S. Department of the Treasury has repeatedly raised the issue of the shipment or transshipment of dual-use goods to Russia with the Government of Türkiye and the Turkish private sector. Today, OFAC is targeting two entities based in Türkiye.
19 maj 2023 · OFAC’s sanctions on 22 individuals and 104 entities, with touchpoints in more than 20 countries or jurisdictions, target those attempting to circumvent or evade sanctions and other economic measures against Russia, the channels Russia uses to acquire critical technology, its future energy extraction capabilities, and Russia’s financial ...
24 lut 2022 · Building off of President Biden’s initial sanctions announcement this week, today Treasury is taking action against Russia’s top financial institutions, including sanctioning by far Russia’s two largest banks and almost 90 financial institution subsidiaries around the world.
22 gru 2023 · On December 20, 2023, the United States Department of Treasury’s Office of Foreign Assets Control (“OFAC”) tightened enforcement of the price cap on Russian oil. OFAC, in coordination with the Price Cap Coalition, updated the Guidance on Implementation of the Price Cap Policy for Crude Oil and Petroleum Products of Russian Federation ...
The 2022 Russian crude oil cap would be enforced by a maritime attestation that Russian crude was purchased below a certain set price, irrespective of market conditions. On 3 December 2022, this price cap has been set at US$60 per barrel. [ 3 ]