US sanctions oil shippers in crackdown on Russia's shadow fleet
Putin has been skirting the price cap imposed by the G7, the EU and Australia in 2022
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Putin has been skirting the price cap imposed by the G7, the EU and Australia in 2022
Aframax tanker Yasa Golden Bosphorus and suezmax tanker SCF Primorye singled out by US Treasury Department's Office of Foreign Assets Control for carrying Russian oil above the price cap
Two sanctions-busting tankers, including one owned by Russian-controlled Sovcomflot, were named by the US Treasury Department as facing penalties for breaching oil price cap
The volume of Russian crude exports is growing and the price is rising, spurring the U.S. and its partners to begin sanctions enforcement. The post US pulls trigger on Russian sanctions, blacklists 2 crude tankers appeared first on FreightWaves.
Washington has imposed its first sanctions on shipping companies that have breached the G7’s Russian oil price cap in a crackdown on Putin’s “shadow fleet”.