![A key pillar of U.S. and G7 countries’ sanctions policy implemented in response to Russia’s military invasion of Ukraine is the Oil Price Cap.](https://www.marinelog.com/wp-content/uploads/2024/05/TreasurySealNewer-300x225.jpg)
Op-Ed: A look at Oil Price Cap and new sanctions
By Manuel Levitt, senior associate, of Miller & Chevalier The global maritime shipping sector continues to feel the geopolitical shock waves from the unrest and violent conflicts in Ukraine and the Middle