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Global Trade Alert

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

Description

On 8 February 2024, the U.S. Department of Treasury imposed sanctions on four companies due to carrying Russian crude oil above the Coalition price cap. As a result of this decision, these entities ha...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

08 Feb 2024

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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