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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.

Alan Rappeport
Author: Alan Rappeport

Written by

Alan Rappeport

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Embargoes 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
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