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Clifford Chance

Clifford Chance


Be Sure Before You Ship: OFAC's New Guidance On Implementation Of The Price Cap Policy For Crude Oil Of Russian Federation Origin

November 24, 2022

On November 22, 2022, the US Department of Treasury Office of Foreign Assets Control ("OFAC") released its "OFAC Guidance on Implementation of the Price Cap Policy for Crude Oil of Russian Federation Origin" ("Crude Oil Guidance").

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