US aims to tighten price cap enforcement by targeting non-G7 shipowners

Capt. John

The US has targeted foreign tanker owners in its first clampdown on breaching the Russian oil price cap, a move designed to limit Russia’s petroleum exports facilitated by non-G7 firms using Western marine services, sanctions specialists said. Since Dec. 5, the G7 and its allies have banned service...

https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/101323-us-aims-to-tighten-price-cap-enforcement-by-targeting-non-g7-shipowners

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