Viktor Bakaev 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...

There have been questions about how effective the U.S. sanction effort is against tankers and if the enforcement of the Price Cap imposed on Russian c...

 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.

There have been questions about how effective the U.S. sanction effort is against tankers and if the enforcement of the Price Cap imposed on Russian c...

It took 282 days for the Western world to impose its first oil sanctions on Russia following its invasion of Ukraine.

 Seeking to further tighten the enforcement of the price cap on Russian oil, the U.S. Treasury Department today announced its fourth round of sanction...

On December 1, 2023, the U.S. Department of the Treasury's Office of Foreign Assets control (OFAC) announced the imposition of sanctions on three entities...

Three companies have been added to OFAC's list over links to Russia.

Russian Oil: The U.S. Treasury Department accused those targeted on Friday of using Western maritime services such as transportation, insurance, and financing while carrying Russian crude oil above the USD 60-per-barrel price cap.