UK Updates Guidance on Maritime Services Ban, Oil Price Cap
The U.K.'s Office of Financial Sanctions Implementation updated its guidance on its maritime services prohibition and oil price cap on refined Russian oil products to show the price cap and the wind-down period for oil products loaded before Feb. 5,…
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according to the EUSanctions blog. The guidance also includes a new "origin of goods" section on whether oil products have been substantially processed and details a new example concerning the transport of co-mingled refined oil products.