SNSUC's crude transshipment strictly honors the G7 $60/bbl price cap on Russian oil. Every Urals deal must keep the invoice amount, bill-of-lading value and certificate-of-origin declared price within the cap and consistent with one another; any document over the cap, or any mismatch among the three, is blocked at the screening stage.
The three documents are not a formality. The invoice sets what the buyer pays, the bill of lading is the title instrument, and the certificate of origin pins down the load country and applicable rules. The system cross-checks price and origin fields across all three — blocking both over-cap violations and any attempt to slip a restricted origin into the tradable pool.
The origin red line is clear-cut: Iran is SNSUC's sole auto-reject origin, and any inquiry carrying Iranian origin is intercepted outright without human review. Iraq was removed from the reject list on Oct 2, 2026, so Iraqi grades such as Basrah Light follow the normal three-document flow. The two are never treated under one blanket rule.