Written Question·Treasury·UIN 47568

Oil: Exports

Tabled: 23 April 2025
Answered: 28 April 2025

Question

Helen Maguire

Liberal Democrat — Epsom and Ewell

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a requirement for maritime insurers to verify with bank statements whether the oil price for Russian exports was paid below the price cap.

Answer

Emma Reynolds
The UK, alongside G7+ Oil Price Cap (OPC) Coalition partners, keeps the efficacy of the OPC under constant review, whilst working closely with industry to aid compliance and ensure that any changes to the measure are implementable – as evidenced by the Fe...
ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 47568) →