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Global Oil Markets Respond as US Sanctions Tankers for Price Cap Violations

Global oil markets remained on edge today following yesterday’s announcement that the U.S. with the support of the G7 and Australia was imposing the f. ....

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OFAC Ramps Up Price Cap Enforcement as Coalition Publishes Compliance Advisory for Maritime Oil Industry | The Volkov Law Group

It looks like the days of Russia’s so-called “shadow fleet” are numbered. The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced Thursday that it had. ....

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U.S. sanctions two tanker owners for carrying Russian oil above price cap

U.S. sanctions two tanker owners for carrying Russian oil above price cap
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USA Imposes First Sanctions Over Russia Oil Cap as Impact Fades

The U.S. imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year ago. ....

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US Sanctions Two Tanker Owners For Carrying Russian Oil

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… ....

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