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Washington sanctions UAE firm over Russian oil shipments
The US Treasury Department has blocked the bulk carriers and oil tankers of an Abu-Dhabi-based firm Washington has imposed sanctions on a company registered in the United Arab Emirates for its alleged oil deals with Russia, the US Treasury Department's Office of Foreign Assets Control (OFAC) announced on its website on Thursday. OFAC has added the Abu-Dhabi based shipping company Hennesea Holdings Limited and its 17 Liberian-flagged bulk carriers and oil tankers to a blacklist over alleged violations of the G7/EU price cap on Russian oil. According to the Treasury Department, Hennesea Holdings owns ships that supp

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