The United States threatened with fines to companies that ignore the west limit for Russian oil prices and decide to purchase it more expensive. This is stated in the publication on the website of the Office for Monitoring Foreign Asset (OFAC) of the US Treasury.
The text notes that sanctions will not apply if the purchase price of oil is lower or equal to the “ceiling”. Subject to the price limit, American firms will be able to provide maritime transportation services for Russian energy resources. Among them there may be insurance, brokerage services, refueling the ship with fuel and so on.
Now it is necessary to store documents for five years confirming compliance with new price rules – in the case of falsification of papers, the guilty faces a punishment. The requirement will concern oil transmission, raw materials, banks, insurers and all those who have access to financial documentation and certification. With conscientious observance of the norms for the collection of this information, service providers will be exempted from liability in case of deception by customers and partners.
The US Ministry of Finance added that the ban on the import of Russian oil into the country continues to operate.
In early September, the finance ministers of the Big Seven countries agreed on the input of the price of prices, if the marine transportation of Russian oil will be prohibited. Thus, states hope to collapse in Moscow’s income from the sale of energy resources and limit its ability to finance the war in Ukraine, reminds Moscow Times. The exact limit of oil value will be determined in December. According to the American authorities, a price that is unprofitable for Russia is lower than $ 44 per barrel, but it is unlikely to become a “ceiling”, since the purpose of its establishment is to motivate Russia for prey, but not allow you to make a profit.
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