Note
U.S./G7 source-of-record policy threshold for covered seaborne Russian-origin crude oil, set at US$60/bbl effective 5 December 2022 via an OFAC Determination under Executive Order 14071. The United States continued to apply US$60 while the EU lowered its cap (to US$47.6/bbl, then US$44.10/bbl from 1 February 2026), so the EU and U.S./G7 thresholds now differ. Re-reviewed 5 June 2026: no change to the US$60 U.S. level found — kept as a long-standing policy threshold (a historical effective date, not a wrongness signal). A policy threshold, not a market price; manually maintained static value, not real-time. Scope depends on official OFAC guidance and may change. Not legal or compliance advice.
Version history
This observation is byte-present in 151 frozen dataset versions, from v1.37.0 to v1.187.0. Appearances are derived from committed frozen payloads only — not fabricated for versions that predate the full-payload store.
Full record history: records/observation--obs-sanctions-us-crude-cap/data.json · per-version field diffs: /changes/compare.
Relationships & machine-readable
Indicator JSON (with a relationship graph): indicators/obs-sanctions-us-crude-cap/data.json · source page: U.S. Department of the Treasury — Price cap on Russian oil (US$60/bbl crude) · per-record provenance.
How to cite
U.S./G7 Russian crude oil price cap: 60 USD/bbl (U.S./G7 Price Cap Coalition level, in effect since 5 December 2022), U.S. Department of the Treasury (OFAC), via Warconomy. https://warconomy.com/indicators/obs-sanctions-us-crude-cap. Source-linked, manually maintained; not real-time.
Machine-readable: data.json · source registry · full page.