Global Trade Alert
Global Trade Alert

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

Announcement

08 Feb 2024

In February 2024, the Treasury Department announced sanctions on four maritime companies transporting Russian crude oil above the price cap.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

08 Feb 2024

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

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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