By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

G7

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Latest news about G7 sanctions

oil tanker
Maya Lester KC

EU countries call for lowering of G7 price cap on Russia

14/01/2025 — Sweden, Denmark, Finland, Latvia, Lithuania and Estonia have called for the G7 to lower its price cap on Russian oil in a letter sent...
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Maya Lester KC

EU sends first €3b to Ukraine to be repaid with proceeds from sanctioned Russian central bank assets in the EU

13/01/2025 — The European Commission sent the first €3b of its Macro-Financial Assistance (MFA) loan to Ukraine on 10 January 2025. The total MFA loan will...
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Maya Lester KC

G7 agrees to use $50bn in profits from frozen Russian assets to support Ukraine

17/06/2024 — G7 leaders have agreed to launch Extraordinary Revenue Acceleration Loans for Ukraine in order to make approximately $50 billion available to Ukraine by the...
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oil tanker
Michael O'Kane

G7+ compliance and enforcement alert on Russia oil price cap & EU reporting requirements

02/02/2024 — The G7+ price cap coalition has issued a compliance and enforcement alert on the Russia oil price cap (OPC), including: an overview of key...
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