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US sanctions UAE company over Russian oil price cap violation

The US has sanctioned UAE-based Hennesea Holdings for transporting Russian crude oil priced above the international $60 price cap.

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Designating Violator of Price Cap Policy on Russian Oil - United States Department of State

Designating Violator of Price Cap Policy on Russian Oil - United States Department of State
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Treasury Targets Price Cap Violation-Linked Shipping Company

Treasury Targets Price Cap Violation-Linked Shipping Company
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U S Imposes Sanctions On U A E Shipping Firm For Violating Russian Oil Price Cap

U S Imposes Sanctions On U A E Shipping Firm For Violating Russian Oil Price Cap
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U S sanctions UAE shipping company for violating Russia oil price cap

The United States on Thursday sanctioned a United Arab Emirates-based shipping company for violating an oil price cap placed on Russia over its war in Ukraine, making it the first such enforcement of the year.

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