Along with its Western Allies, the U.S. continues to target vessels that violate Russia’s one-year-old oil price cap and other initiatives aimed at generating foreign exchange for Russia. The U.S. Treasury announced its second action of 2024, seeking multiple UAE-based management entities related to this in addition to other tankers and a Liberian-registered tanker, which it claims is under Russian control. Concurrently, the United States initiated measures for carrying out G7 pledges to...