By Maya Lester KC & Michael O’Kane

OFSI publishes Oil Price Cap Update

To coincide with the introduction of the maritime services ban and its price cap exception for crude oil, OFSI yesterday published a blog entitled “Oil Price Cap Update” which outlines the next steps (previous post). The blog indicates that a “General Licence, which will create the price cap, will be published before 5 December 2022. Additional general licences to ensure …

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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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