Sanctions News Archive

Model Sanctions Clauses and Due Diligence Tools updated

The INTERTANKO Model Sanctions Clauses and Due Diligence Tools have been updated by the Insurance & Legal and Documentary Committees... MORE

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Sanctions update: European Commission publishes updated FAQs on LNG Import Ban, Oil Price Cap and Infrastructure Transaction Ban

On 24 August, the European Commission published updated Frequently Asked Questions covering three sanctions provisions: the LNG Import Ban; the Oil Price... MORE

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EU agrees on 21st sanctions package against Russia

The European Commission President Ursula von der Leyen announced on 23 July that the EU has reached agreement on its 21st sanctions... MORE

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EU 21st sanctions package introduces new LNG measures

The EU's 21st sanctions package includes several measures of relevance to the LNG sector, most notably a new notification regime... MORE

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EU postpones publication of revised Russian Oil Price Cap

The EU has formally postponed the application of its revised Russian oil price cap adjustment mechanism following the publication of... MORE

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US revokes licence authorising trade in Iranian oil

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has revoked sanctions relief previously provided under General... MORE

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Sanctions update

The EU and UK have announced sanctions packages one day apart that appear to reflect a coordinated approach to increasing... MORE

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Recent sanctions updates

The sanctions regimes established by the UK, US and EU continue to evolve, with recent developments affecting the transportation of... MORE

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EU expands sanctions against Iran – Freedom of navigation concerns

The Council of the EU has adopted a decision to allow for the sanctioning of individuals and entities involved in... MORE

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EU Adopts 20th Sanctions Package against Russia

On 23 April 2026, the European Union adopted its 20th sanctions package against Russia.  Whilst earlier packages focused on... MORE

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