Posted inEmbargoes and Sanctions Group of Seven Ice Pearl Navigation Corp. International Relations International Trade and World Market Lumbar Marine Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Treasury Department
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap
The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.