Tag

Three Documents

Total 4 items
ResearchPolicy2026-09-27

The Urals Price Cap Compliance Line: Invoice Below $60, Three-Document Reconciliation as the Customs Floor

The G7 Russian oil price cap is fixed at $60/bbl. On SNSUC's Urals re-exports, the commercial invoice must sit below the ceiling and the bill of lading, invoice and payment receipt must reconcile field by field, or the deal stalls at delivery and reinsurance. With Brent at $97.48, a workable Urals price of $52–58 leaves ample compliance buffer.