OFSI price gap GL & guidance amended: UK oil price cap GL cannot be relied upon to supply oil to specified ships

29 May 2024

OFSI price gap GL & guidance amended: UK oil price cap GL cannot be relied upon to supply oil to specified shipsMelinda-Nagy_Shutterstock

OFSI has updated General Licence INT/2024/4423849 “Oil Price Cap” (notice) and Chapter 4 of the oil price cap guidance.  These revisions make clear that the general licence cannot be relied upon to supply oil...

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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 rights & civil liberties. She has a particular expertise in sanctions...

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