US makes Russian oil deliveries to some European nations exempt from price cap

Business & Economy November 23, 2022, 2:40

We are talking about Bulgaria, Croatia and the countries of Europe that do not have access to the sea

WASHINGTON, November 23. /TASS/. The US Department of the Treasury has authorized transactions, related to Russian oil supplies to Bulgaria, Croatia and several landlocked European nations.

"All transactions prohibited by the determination of November 21, 2022 <…> related to the importation of crude oil into the Republic of Bulgaria, the Republic of Croatia, or landlocked European Union Member States as described in Council Regulation (EU) 2022/879 of June 3, 2022, are authorized," reads a general license issued by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).

This general license does not authorize any transactions otherwise prohibited by anti-Russian sanctions, including transactions involving any person blacklisted by the US.

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