Stay updated with breaking news from Primorye. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Biden administration imposed sanctions on two owners of tankers that carried Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one based in the United Arab Emirates, the...
(Bloomberg) -- The US imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year ago, as signs mount the restriction is failing to cut Kremlin revenues as hoped.Most Read from BloombergIsrael Latest: Chief Says Military Failed in Its Duty to ProtectIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF C
(Bloomberg) -- The US imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year ago, as signs mount the restriction is failing to cut Kremlin revenues as hoped.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsIsrael Latest: NATO Allies Urge Immediate Release of HostagesApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caug
The U.S. government Thursday sanctioned two entities and identified two vessels as blocked property for alleged violation of Russian crude oil price caps.
The U.S. Treasury Department imposed sanctions on two companies and two of their tankers for transporting Russian crude oil at a price higher than the $60-per-barrell cap, the department announced on Oct. 12.