The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced on Jan. 18 sanctions against the shipping company Hennesea Holdings Limited for violating the $60 per barrel price cap on Russian crude.
US sanctions a United Arab Emirates shipping firm for allegedly violating Russian oil price cap go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.
US sanctions a United Arab Emirates shipping firm for allegedly violating Russian oil price cap wfmz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfmz.com Daily Mail and Mail on Sunday newspapers.
"Today’s actions once again demonstrate that anyone who violates the price cap will face the consequences,” said Treasury Deputy Secretary Wally Adeyemo.