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Global Trade Alert

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United States of America: Treasury imposes sanction on additional maritime companies for carrying Russian crude oil above the price cap

Description

On 16 November 2023, the U.S. Department of Treasury imposed sanctions on three entities due to carrying Russian crude oil above the Coalition price cap. As a result of this decision, these entities h...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

16 Nov 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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