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Price Cap on Russian Oil - Podcast
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- Price Cap on Russian Oil - Podcast
10 Jan 2023
Following the IG Circular issued on our website on 9 December 2022, the Club’s Legal Team has recorded this podcast to provide Members with a snapshot of the Price Cap on Russian oil that came into effect on 5 December 2022.
- An explanation of the purpose of the cap;
- The level of the cap and how this will be reviewed;
- How the cap will work in practice;
- Consequences of failure to comply;
- Emergency response scenarios; and
- Blending.
We hope Members will find the content informative and helpful.