Explainer: How Russia is dodging oil sanctions and what the West is doing about it
It took 282 days for the Western world to impose its first oil sanctions on Russia following its invasion of Ukraine.
Source: cityam.com
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US Targets Sovcomflot Manager and Russian Traders for Price Cap Violations
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...
Source: maritime-executive.com
OFAC Sanctions Three Vessels And Their Designated Owners For Violations Of The Russian Price Cap Policy - Export Controls & Trade & Investment Sanctions
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...
Source: mondaq.com
US Adds Three Shipping Companies to Sanctions List
Three companies have been added to OFAC's list over links to Russia.
Source: shipandbunker.com
US issues fresh sanctions over shipment of Russian oil above price cap, ET Auto
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.
Source: indiatimes.com