International Group says G7 Price Cap on Russian oil is increasingly unenforceable

Capt. John

The G7 $60-a-barrel price cap on Russian crude is becoming increasingly unenforceable, the International Group of P&I Clubs (IG) has said in a written submission to a UK government inquiry on the effectiveness of sanctions on Russia. IG has published one of the most direct criticisms yet of the conflicting governmental strategies – that being…

The post International Group says G7 Price Cap on Russian oil is increasingly unenforceable appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/marine-liability/international-group-says-g7-price-cap-on-russian-oil-is-increasingly-unenforceable/

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