New Zealand Extends Sanctions Against Russia And Iran
- 20.02.2026, 11:46
A new hard ceiling on the price of oil has been set.
New Zealand has included 23 citizens and 13 companies from Russia and Iran in the sanctions list and set the ceiling price for Russian oil at $44.10, as in the EU.
This reports the Foreign Ministry of the country.
The ministry notes that since February 20, the sanctions list has been amended to impose restrictions against 23 citizens, 13 companies and 100 ships.
It is also noted that from today the price ceiling for crude oil of Russian origin has been lowered from $47.60 to $44.10 per barrel.
According to the updated register of organizations and individuals against whom New Zealand imposes economic restrictions, it added the heads of the Russian cryptocurrency exchange Garantex and several Russian citizens who are employees of the Russian intelligence service, as well as three Iranian citizens - members of the board of the leading Iranian UAV manufacturer Qods Avi.