U.S. Sanctions Three Shipping Companies for Russian Oil Price Cap Violations ...Middle East

TOP world News today - News
U.S. Sanctions Three Shipping Companies for Russian Oil Price Cap Violations
By Daphne Psaledakis WASHINGTON, Nov 16 (Reuters) – The United States on Thursday imposed sanctions on maritime companies and vessels for shipping oil sold above the G7’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine. The U.S. Treasury Department in a statement said it slapped sanctions on three United Arab Emirates-based companies and three vessels owned by them in the action, accusing the vessels of engaging in the export of Russian crude oil priced above the $60 a barrel cap. It said the vessels used U.S.-person services while transporting the Russian-origin crude oil. The U.S., other Group of Seven (G7) countries

Hence then, the article about u s sanctions three shipping companies for russian oil price cap violations was published today ( ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. Sanctions Three Shipping Companies for Russian Oil Price Cap Violations )

Apple Storegoogle play

Last updated :

Also on site :