• The law, passed today (November 3), introduces a ban on British ships and services facilitating the sea transport of Russian crude from December 5, 2022
  • This legislation will also pave the way for a price cap on Russian crude oil at sea
  • This follows the commitment made by G7 finance ministers in September

New laws introduced today (November 3) will prevent countries from using the UK’s services to transport Russian oil unless it is purchased at or below the price of oil…

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