By Maya Lester KC & Michael O’Kane

UK Russian oil price cap in effect today

The G7, EU and Australia have agreed to set a price cap on Russian crude oil traded by firms shipping oil to third countries at $60 per barrel. The provision of certain services related to the maritime transport of Russian oil will be authorised by the coalition countries only where oil is purchased at or below the price cap. In …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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