Canada lowers Russia oil price cap and adds major oil companies to sanctions list

26 February 2026

Canada lowers Russia oil price cap and adds major oil companies to sanctions listSergii Figurnyi/Shutterstock.com

Canada has lowered its price cap on Russian oil and has added 174 people, entities and vessels to its Russia sanctions list – press release. The changes were made by regulations, which amended Canada’s...

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Maya Lester KC

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. She is the…

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