By Maya Lester QC & Michael O’Kane

G7 Finance Ministers announce service ban on maritime transport of Russian-origin oil

On Friday (2 September 2022), the G7 Finance Ministers released a Statement committing to further action in response to Russia’s aggression against Ukraine, including: A comprehensive ban on services which enable maritime transportation of Russian-origin crude oil and petroleum products. Such services would be permitted if the oil and petroleum products are purchased at / below a ‘price cap’, which …

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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