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Updated Price Cap Coalition Advisory issued

October 21, 2024

OFAC has noted its issuance of an updated Maritime Oil Industry Advisory for both government and private sector actors involved in the global maritime industry. Updates to the advisory include recommendations concerning specific best practices and reflects the Price Cap Coalition’s ongoing commitment to promote responsible practices in the industry, disrupt sanctioned trade, and enhance compliance with the price cap.

First published on 10/21/2024

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