The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions: 15 Jan 2026 (EU): The European Commission (the "Commission") updated the Russia sanctions FAQs relating to the Oil Price Cap ("OPC"), further to Article 3n of Council Regulation (EU) No. 833/2014 ("Regulation 833"). The FAQs reflect the lowering of the EU's OPC for seaborne Russian crude oil introduced by Commission Implementing Regulation (EU) 2026/124 ("Regulation 124").15 Jan 2026 (UK): The Offic...
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