U.S. and UK Intensify Sanctions Against Russia’s Oil Sector in one of the Largest Rounds of Designations Since the Outbreak of the War

Gone with the Assad
UK government launches new agency to strengthen trade sanctions enforcement
OFAC issues wind-down license for Venezuelan oil
EU Clarifies Article 3q for Tanker S&P Market
Christmas comes early for G7 operators – EU adopts 12th package of sanctions against Russia, changes to the Price Cap Model

Further UK and EU sanctions on Russian iron and steel come into effect

EU FAQs – STS in EU Territorial Waters
EU FAQs – STS in EU Territorial Waters
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