Mon, 21 Nov 2022 22:00:57 +0000

To date, the European Union (EU) has announced concurrent sanctions packages covering individuals, entities and traded goods, with the most recent 8th package released in October. The forthcoming oil price cap defined by the U.S. takes effect on 5th December for crude oil and 5th February for refined products. The cap will attempt to curtail …

 

Full article: https://www.hellenicshippingnews.com/impact-of-russias-invasion-of-ukraine-a-trade-finance-compliance-perspective/