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Price Cap: Russian Petroleum Products

Briefing
1 March 2023
2 MIN READ
6 AUTHORS

As of 5 February 2023 additional price caps have been adopted for Russian refined petroleum products. The new price caps expand UK, EU and US restrictions on the transport of seaborne Russian refined petroleum products to third countries, as well as the provision of finance, brokerage, shipping, or insurance services for such transport.

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