RegulationMonitoring
EU/G7 Russian Crude Oil Price Cap
Cap on the price at which EU operators may service seaborne Russian crude. Since 2025 set by a dynamic mechanism at 15% below average Urals; $44.10/b from Feb 1 2026, frozen at that level by the 21st sanctions package.
Record verified against census 2026-10: Baker McKenzie Sanctions blog; Agence Europe; Bloomberg 2026-05-31. Tracked since 2026-10.
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