Recital 20

Council Regulation (EU) 2025/395 of 24 February 2025 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

(20) Russia derives significant revenues from the sale and transport of oil. Decision (CFSP) 2025/394 introduces a prohibition on the provision of temporary storage for Russian crude oil and petroleum products within the Union, irrespective of the purchase price of the oil and of the final destination of those products. Such a prohibition will inflict additional costs on the transport of Russian oil thereby reducing Russian revenues. That prohibition does not affect the scope of other import bans under Regulation (EU) No 833/2014 because temporary storage, as defined in Article 5, point 17, of Regulation (EU) No 952/2013 of the European Parliament and of the Council (5), and placement under the free zone procedure, pursuant to Article 245(3) of Regulation (EU) No 952/2013, are not allowed for goods subject to import bans.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-15 · Text as adopted (Official Journal); later amendments are not incorporated in this text.