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Bass Berry & Sims PLC | Russia, USA | 15 Mar 2023
International Trade Enforcement Roundup - February 2023: Enforcement Policy Updates
On February 3, Treasury Secretary Janet Yellen published a determination implementing a price cap on seaborne Russian refined oil products. On…
Eversheds Sutherland (US) LLP | USA | 7 Mar 2023
No free ride: Illinois Tax Tribunal says tax due on aviation fuel consumed outside the state
The Illinois Independent Tax Tribunal found that aviation fuel sold to Airlines and subsequently stored at O’Hare International Airport was not…
Vinge | Russia, Sweden, USA | 13 Feb 2023
Sanctions update - oil price cap
On 4 February 2023, members of the Price Cap Coalition (G7 plus EU and Australia) reached consensus on price caps for seaborne Russian-origin…
Wilmer Cutler Pickering Hale and Dorr LLP | European Union, Russia, United Kingdom, etc. | 9 Feb 2023
Global Jurisdictions Adopt New Price Cap on Russian Petroleum Products—New Guidance Creates Additional Compliance Expectations
Effective February 5, 2023, the Price Cap Coalition (the Coalition), consisting of the G7 nations, the European Union (EU) and Australia, set a price…
Eversheds Sutherland (US) LLP | European Union, Russia, USA | 8 Feb 2023
Services ban and EU import ban come into effect for seaborne Russian petroleum products
On February 5, 2023, the G7 announced that the “price cap” on western-backed seaborne trades of Russian-origin petroleum products to third countries…
Lexology PRO | Brazil, Poland, Sweden | 9 Jan 2023
Brazil, Sweden and Poland open fuel pricing investigations
Brazil’s antitrust watchdog has opened a preliminary probe into a suspected fuel resale cartel, as enforcers in Sweden and Poland have launched market inquiries into rising fuel prices.
Lexology PRO | Greece, Spain | 14 Dec 2022
Spain raids major oil companies
Spain’s competition enforcer has raided BP, Repsol and Cepsa over alleged anticompetitive conduct, while Greece’s Competition Commission has raided an unnamed business as part of its probe into a suspected toy cartel.
Akin Gump Strauss Hauer & Feld LLP | USA | 5 Sep 2022
Climate policy update: last-minute climate bills, Colorado river water shortage, "forever chemicals" and more
This article outlines pertinent legal and policy climate change developments in the United States during the past week. These include various last-minute climate bills being considered in California as the state's legislative session draws to a close, uncertainty over what action should be taken to tackle the drought induced by climate change in the Colorado river, and a new classification of......
Lexology PRO | European Union, Global, United Kingdom, etc. | 25 Mar 2022
Russia-Ukraine crisis: trade restrictions in key industries (as of 25 March 2022)
A look at US, UK and EU restrictions on importing or exporting goods and services to/from Russia in the energy, luxury or essential goods, and technology industries.
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