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A ban on maritime transportation of Russian oil is being introduced – US Treasury

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The United States, together with its G7 allies, is introducing a ban on the maritime transportation of Russian oil.

The restrictive measure on transportation of energy resources from the Russian Federation by this method will come into force on December 5 of this year.

A ban on similar transportation of Russian petroleum products is also being introduced – from February 5, 2023.

MIA Rossiya Segodnya reported this with reference to a statement from the US Treasury Department.

The ban on the transportation of crude oil by sea comes into force on December 5, 2022, on the sea transportation of petroleum products – on February 5, 2023, the department said in a statement.

However, it is possible that exceptions will be made.

For example, the ban may not affect supplies that fall within the price ceiling determined by the G7 countries.

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