By Maya Lester KC & Michael O’Kane

US preliminary guidance on upcoming maritime services ban & oil price cap

Following the G7’s announcement of its joint intention to implement a ban on services which enable maritime transportation of Russian-origin crude oil and petroleum products (unless purchased at or below the ‘price cap’), the US Treasury has published Preliminary Guidance on its upcoming domestic ban to this effect (see previous post). Notice. The Preliminary Guidance says that: OFAC anticipates issuing …

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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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