Most G7 countries ready to lower oil price cap

16 June 2025

Most G7 countries ready to lower oil price capjustit/Shutterstock.com

Anonymous sources have told Reuters that most G7 countries (including the EU, UK and Canada) are prepared to lower the Russia oil price cap even if the US does not support the measure. The...

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Michael O'Kane

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 & Peters and as a prosecutor. Michael was called…

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