The U.S. Department of the Treasury has announced sanctions and blocked three oil tankers that were transporting Russian oil in violation of the established price ceiling of $60 per barrel. The new U.S. sanctions target three companies registered in the United Arab Emirates – Kazan Shipping, Progress Shipping, and Gallion Navigation, which own the tankers "Kazan," "Ligovsky Prospekt," and "NS Century," respectively.
November 16, 2023 | The United States imposed sanctions on carriers of Russian oil that bypassed the “price ceiling” |