EU ban on seaborne Russian crude and the G7 price cap take effect
Day 1,379 since 2022-12-05 (5 December 2022). The latest daily data for this event is not available in this build.
Key facts
- Day
- 1,379 (as of 2026-09-13 (13 September 2026))
- Started
- 2022-12-05 (5 December 2022)
- Severity
- 2 Moderate
- Chokepoints
- None
- Ports
- Primorsk, Ust-Luga, Novorossiysk
- Lanes
- None
- Severity basis: No port or chokepoint stoppage criterion applies; the measure restricted who may buy and carry cargo loaded at the Russian crude export ports from 2022-12-05 onward, for more than seven days, without closing any port.
Recent developments
- The prohibitions and the cap extend to refined petroleum products.
- The Council agrees price caps for Russian refined petroleum products, to apply from 2023-02-05.
- The European Union prohibition on maritime transport of Russian crude oil to third countries and on related services takes effect, with an exemption for cargoes bought at or below the cap.
- The Council sets the price cap for Russian crude at 60 United States dollars a barrel, applicable from 2022-12-05, with a transition period of 45 days for cargoes loaded before that date.
Full record with sources, cause and measured effect. All ongoing disruptions.