Here are the main elements of how the price cap on Russian seaborne crude oil is supposed to work.
and reinsurance companies that provide services for tankers carrying Russian crude oil, as well as institutions financing Russian crude transactions, will not be allowed to handle such cargoes unless the oil is bought at or below the price cap.unless the oil is sold at or below the $60 price cap.Providing financial and shipping services for Russian crude oil is allowed if it is bought at or below the price cap as well as in an emergency.
EU flagged vessels will be subject to penalties according to national legislation, but the EU is already working on a penalty of 5% of global turnover for companies that break EU sanctions.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
‘Not yet too late’: Gov’t, ride-hailing firms must act fast on commuters’ suffering — Poe‘THE HOLIDAY SEASON MUST NOT BECOME A TRAVEL NIGHTMARE’ The government and ride-hailing firms should “quickly” act on the transportation woes of commuters, Senator Grace Poe said, noting that “it is not yet too late.” READ:
Baca lebih lajut »
Putin says Russian army must tackle problems it has suffered in UkraineRussian President Vladimir Putin says there were no financial limits on what the government would provide in terms of equipment and hardware.
Baca lebih lajut »
Naval drills with China response to ‘aggressive’ US —Russian army chiefRussia&39;s army chief on Thursday called joint naval drills between Russian and Chinese warships a response to increasingly aggressive US military posturing in the Asia-Pacific region.
Baca lebih lajut »
Russian oil sanctions fuel boom for old tankersWith new entrants keen to get a slice of the Russian business, secondhand oil tanker prices have surged.
Baca lebih lajut »
Oil climbs on expected drop in Russian exports, offsets U.S. storm impactOil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the U.S. could snuff out transport fuel demand growth this holiday season. | Reuters
Baca lebih lajut »