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Update: U.S. sanctions regarding Russian-origin crude oil and price cap | Hogan Lovells

On 2 December 2022, the US Department of the Treasury issued a press release announcing a $60/barrel price cap that will apply to the prohibition on US persons from engaging in a broad. ....

Russian Federation , Maritime Services , Price Cap Coalition , Price Exception For Seaborne Russian Oil , Foreign Assets Control , Price Cap Policy , Crude Oil , Maritime Services Policy , Related Price Exception , Seaborne Russian ,