On November 22, 2022, the US Department of Treasury Office of Foreign Assets Control ("OFAC") released its "OFAC Guidance on Implementation of the Price Cap Policy for Crude Oil of Russian Federation Origin" ("Crude Oil Guidance").


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On November 22, 2022, the US Department of Treasury Office of Foreign Assets Control ("OFAC") released its "OFAC Guidance on Implementation of the Price Cap Policy for Crude Oil of Russian Federation Origin" ("Crude Oil Guidance").