The US government sanctions two shipping companies for violating the Russian oil price cap

📆 12-10-2023 16:01:00
📰 ABC

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap

FILE - The Treasury Building is viewed in Washington, May 4, 2021. The U.S. Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap. The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap., imposed a $60 a barrel limit last year on what Russia could charge for its oil.

Both companies relied on U.S. service providers. As a result of the sanctions, the Biden administration is blocking the companies' ability to conduct business or access any property or financial interests in the U.S. The official said that Russia has tried to build an alternative shipping network to avoid the cap, but that has proved to be expensive, with private analyses indicating that it has cost $35 per barrel of oil.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

The US government sanctions two shipping companies for violating the Russian oil price capThe Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap.
Bron: wjxt4 - 🏆 246. / 63 Lees verder »