Posted inEmbargoes and Sanctions European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Ships and Shipping United States
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.