Compliance
OFAC Sanctions and Petroleum Trading: Compliance Essentials
PetroIntermediation TeamCompliance & Legal
Petroleum is the most sanctioned commodity in the world. Every buyer must screen:
- OFAC SDN (US Treasury)
- EU Consolidated Sanctions List
- UK OFSI
- G7 Russian oil price cap (~$60/bbl)
A single missed screen can lock your bank account globally. Run sanctions screening on every counterparty, every shipment.
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