Maintaining pressure, US sanctions company for violating Russian oil price cap

Capt. John

The US has taken its first enforcement action of the year related to the $60/b price cap for Russian oil, sanctioning a shipping company based in the United Arab Emirates with 18 ships that have repeatedly made calls to Russian ports. The move shows the US is maintaining the sanctions pressure it...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/011824-maintaining-pressure-us-sanctions-company-for-violating-russian-oil-price-cap

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