Global Trade Alert
Global Trade Alert

United States of America: US lifts sanctions on a Turkish ship operator previously accused of carrying Russian crude oil above the established price cap

Announcement

26 Apr 2024

In April 2024, the US lifted sanctions on a Turkish ship operator previously accused of transporting Russian crude oil above the established price cap.

 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

26 Apr 2024

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 26 April 2024, the U.S. Department of Treasury removed Turkiye-based Ice Pearl Navigation Corp from the sanctions list. As a result of this decision, the US lifted the restrictions on the propertie...

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