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UK Maritime Services Prohibition and Oil Price Cap Guidance

United Kingdom - November 14 2022 Chapter 4IA operates by imposing a ban on maritime transportation and related services of oil products with HS Code 2709 (crude) and 2710 (other…

Tan Albayrak, Dimitris Athanasopoulos, Sophie Davis, Finlay Donaldson, Athina A. Douni, Leigh T. Hansson, Ray-Shio Ho, James Willn, William Young, Maria Zermasli

EU’s Eighth Sanctions Package, changes to EU fertiliser FAQs and U.S. guidance on G7 Price Cap

European Union, USA - October 10 2022 On Thursday, 6 October 2022, the EU introduced further economic and individual sanctions against Russia in response to the escalating war against…

Tan Albayrak, Sophie Davis, Finlay Donaldson, Athina A. Douni, Leigh T. Hansson, Ray-Shio Ho, James Willn, William Young, Maria Zermasli

Eighth EU sanctions package underway

European Union, Russia - September 29 2022 On Wednesday, 28 September, the European Commission announced its intention to implement a further package of sanctions against Russia (referred to…

Sophie Davis, Finlay Donaldson, Athina A. Douni, Leigh T. Hansson, Ray-Shio Ho, James Willn, William Young, Maria Zermasli

What is the proposed G7 Russian oil price cap?

Global, Russia - September 23 2022 On 2 September 2022, the Group of Seven (G7) finance ministers released a statement that confirmed the future implementation of a price cap on…

Tan Albayrak, Finlay Donaldson, Leigh T. Hansson, James Willn

EU U-turns on global transfer restrictions of Russian coal, fertilisers and other goods

European Union, Russia - September 20 2022 On September 19, 2022, the EU published new FAQs which reverse the controversial expansion of restrictions imposed on certain coal, fertilizer and…

Sophie Davis, Athina A. Douni, Leigh T. Hansson, Ray-Shio Ho, William Young, Maria Zermasli