New Zealand lowers oil price cap & amends sanctions list

12 September 2025

New Zealand lowers oil price cap & amends sanctions listChameleonsEye/Shutterstock.com

New Zealand has lowered its oil price cap in line with the EU’s 18 sanctions package against Russia and imposed new sanctions on 11 people, 8 entities and 19 ships – Foreign Minister’s Statement....

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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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