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EU finds legal basis for oil price cap on Russia oil as sanctions extended

Eighth package of sanctions announced by the European Commission to include oil price cap. The details on level and implementation are yet to be provided

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Oil price cap to be integrated into existing bans on Russia crude exports, which begin on December 5, and refined products that start February 5

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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