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The European Commission will suggest sanctions against the vessels delivering North Korean military equipment to Russia, as well as tankers that violate the G7 countries' price cap on Russian oil. Source: Reuters with reference to sources in the EU Details: The European Commission is finishing its proposal concerning the 14th sanctions package against Moscow for its invasion of Ukraine. ....
New US sanctions against Russia could affect the nation's oil exports to India, which is the largest buyer of its seaborne crude. Source: Reuters Details: The sanctions will also complicate attempts by Indian state-owned refiners to secure annual supply contracts. ....
A price cap on Russian oil by the U.S. and other countries is reducing how much money Russia is able to bring in, according to a Treasury Department analysis released Friday. That analysis found that over the past month, the policy was forcing Russia to discount its oil by $19 per barrel. As of Friday… ....
The United States has blacklisted four entities and one tanker on accusations of violating a price cap placed on Moscow oil over the Kremlin's war in Ukraine. ....
U.S. Imposes Sanctions On U.A.E.-Based Maritime Companies, Vessels For Violating Price Cap On Russian Oil globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.