The price cap was amended and should apply as of the first day of the month following the month of entry into force of the Commission Implementing Regulation. Each time the price cap is amended, prior contracts that are compliant with the existing price cap should benefit from a transition period of 90 days for maritime transport and for the provision, direct or indirect, of technical assistance, brokering services or financing or financial assistance related to the maritime transport of Russian crude oil to third countries.
Commission Implementing Regulation (EU) 2026/124 of 14 January 2026 amending Council Regulation (EU) No 833/2014
Posted in Posts - Ukraine Territorial Integrity Regime.