Tag: Violating Russia Oil Price Cap
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U.S. Slaps Sanctions on Companies Violating Russia Oil Price Cap for the 10th Time
The Treasury Department announced sanctions on three UAE-based companies, Kazan Shipping, Progress Shipping, and Gallion Navigation for transporting Russian crude without adhering to the $60-a-barrel Russia oil price cap set by the U.S. and its allies. The United States has imposed sanctions on additional shipping entities and vessels accused of violating the Russia oil price…