Progress Shipping 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...

At least eight Emirates-based shipping companies have now been sanctioned by the US over the last three months under the price cap regime.

The US has added two more UAE-based shippers to the list of sanctioned entities under a price cap regime on Russian oil.

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

MARKET WRAPS Watch For: EU Harmonised CPI, Euro area balance of payments, ECB Executive Board Member Piero Cipollone speaks at roundtable on the digital euro; U.K. monthly retail sales;...

Russia’s oil and gas tax revenue has recently surged despite the cap program

The United States imposed new sanctions on several entities on Thursday for violating the terms of the Russian oil price cap, furthering its plan to crack down on shipments of oil above the price set by G7 leaders in December.

 The United States for the second time in a month is going after the oil tankers involved in the Russian oil trade as reports persist of repeated viol...

The U.S. has imposed sanctions on additional shipping companies and vessels that it says evaded a cap meant to cut Russia’s oil revenue. The Treasury…