By Maya Lester KC & Michael O’Kane

EU adopts Russian oil price cap

On Saturday (3 December 2022), the European Council set a $60 per barrel price cap for the purposes of an exemption to the ban on the provision of maritime transport of Russian seaborne oil to third countries and related services. The cap was also adopted by the EU’s Price Cap Coalition partners (previous post for UK). G7 Statement, Council Press …

RussiaRussia European UnionEuropean Union

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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