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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.

Alan Rappeport
Author: Alan Rappeport

Written by

Alan Rappeport

in

Embargoes 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
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