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U.S. sanctions shipping companies for Russian oil cap violation

The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap.
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United States , United Arab Emirates , European Union , Treasury Department , Lumber Marine , Turkiye Based Ice Pearl Navigation ,

The US government sanctions two shipping companies for...

The US government sanctions two shipping companies for...
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United States , United Arab Emirates , Treasury Department , European Union , Lumber Marine , Turkey Based Ice Pearl Navigation ,

2 shipping companies face first sanctions over Russian oil shipments

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… ....

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US Sanctions Two Tanker Owners for Carrying Russian Oil Above Price Cap

US Sanctions Two Tanker Owners for Carrying Russian Oil Above Price Cap
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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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