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The Price Cap on Russian Oil with Increased OFAC Enforcement natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
Requirement to provide voyage attestations and Alert from the Price Cap Coalition hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Contemporaneous with the European Union’s adoption of its 13th package of Russia sanctions, on February 23, 2024, the United States imposed sanctions against nearly 500 targets in. ....
In November, India paid a record $85.42 per barrel for Russian oil, breaching the G7 s $60 cap. The price exceeded October s $84.20. Discounts decreased, narrowing the gap between Russian and Iraqi oil, which averaged $85.73 and $93.32 per barrel, respectively. Since the cap s imposition in December 2022, Indian refiners consistently exceeded the limit for Russian oil. Sanctions and tightened rules led to diversions and reduced Russian oil imports in December, attributed to unattractive prices rather than payment issues by India s oil minister. ....