The Department of the Treasury announced sanctions against two shipping companies Thursday, one based in Turkey and the other in the United Arab Emirates, over allegations they violated international price caps on Russian oil. In an announcement, the department’s Office of Foreign Assets Control (OFAC) said that a ship owned by Turkish company Ice Pearl…
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the UAE.
2 shipping companies face first sanctions over Russian oil shipments charlotteobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from charlotteobserver.com Daily Mail and Mail on Sunday newspapers.
<p>Mzi Khumalo’s Metallon has completed the sale of Shamva Mine to Kuda Tagwirei’s Landela Mining Ventures, while the sale of Mazowe Mine is expected shortly. The transaction represents a change of guard in the industry. Metallon was once the country’s largest gold producer. It is now down to just a single working operation, How Mine […]</p>