Ligovsky Prospect News Today

At least 11 Emirates-domiciled shipping firms have now been announced by the US over the last three months to have come under price cap sanctions against R...

 The United States with the support of its Western Allies is continuing to target tankers violating the year-old Russian oil price cap and other effor...

The US Treasury Department also moved to crack down on entities buying diamonds from Russia, a key revenue stream for Moscow amid its war against Ukraine.

The tougher enforcement of the G7 sanctions and related payment issues have been holding up Indian purchases of some cargoes of Russian crude oil

Easing global oil prices would help India boost imports from Russia, a senior government official said on Friday, as a lower than $60 a barrel price of Russian oil will enable buyers to use Western... -December 08, 2023 at 06:27 am EST - MarketScreener

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Allowing vessel to unload cargo would be tantamount to breaking US oil sanctions against Russia; mid-sea, ship-to-ship transfer could be a way out

India is yet to allow a sanctioned tanker carrying Russian oil to dock at one of its ports, suggesting the U.S. clampdown might limit India’s ability to buy cheap oil.

Vessels that the US sanctioned last Thursday have shipped oil to India above the $60 price cap devised by G7 countries.

US authorities sanctioned three shipping companies headquartered in the UAE accusing them of carrying Russian oil priced above a cap by Washington and its ...