"U.S. Sanctions Prompt Tanker U-Turn, Russia's Shadow Fleet in Tight Spot"
TL;DR Summary
The U.S. Treasury Department listed a tanker, NS Leader, for repeatedly violating the $60 price cap on Russian crude oil and making port calls in Russia, prompting the tanker to change its course. The tanker is managed by UAE-based Oil Tankers SCF Mgmt FZCO, which is linked to the Russian government through Sovcomflot. The enforcement efforts have caused disruptions in the flow of Russian oil, with Greek tanker operators and oil deliveries to India being affected.
Topics:world#international-relations-sanctions#international-trade#oil-tankers#price-cap#russia#us-sanctions
- Report: Tanker Makes U-Turn After U.S. Launches Sanctions The Maritime Executive
- US imposes sanctions for violations of Russia oil price cap Reuters
- Russia's Shadow Fleet Running Out of Places to Hide Newsweek
- Designating Additional Violators of Price Cap Policy on Russian Oil and Taking Steps on Russian Diamonds - United States Department of State Department of State
- HKEX to Accelerate Changes to Executive Leadership Regulation Asia
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