On December 5, a price cap on Russian oil will become effective. The cap is supported by the United States, the European Union, the United Kingdom and other members of the G7.
As the price cap becomes effective, we understand many of our clients will be working sometimes around the clock to address numerous and unforeseen questions around the implementation. To support you, WilmerHale continues to maintain its established Russia- and Belarus-related sanctions help desk which we established in the wake of the Russian invasion of Ukraine on February 24. Drawing on sanctions compliance experts in our US, UK, EU and Asia offices, WilmerHale provides 24/7 coverage to field your time-sensitive sanctions compliance questions.
Please email us at sanctions@wilmerhale.com, and a WilmerHale lawyer will be in touch to assist. And you can of course continue to contact any one of your lawyers individually, as you have in the past.