ANNEX VII

Council Regulation (EU) 2025/1494 of 18 July 2025 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

In Annex XXVIII to Regulation (EU) No 833/2014, the table ‘Price for crude oil’ is replaced by the following: CN Code | Description | Price per barrel (USD) | Date of application | Date of expiry | Transitional period ‘2709 00 | Petroleum oils and oils obtained from bituminous minerals, crude | 60 | 5 December 2022 | 2 September 2025 | 18 October 2025 for the execution of any contract concluded before 20 July 2025 which was compliant with the price per barrel of 60 USD on the date of conclusion of that contract. 47,6 | 3 September 2025’ | |

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Source: EUR-Lex (Cellar) · retrieved 2026-10-16 · Text as adopted (Official Journal); later amendments are not incorporated in this text.