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Liberia deflags seven tankers blacklisted by US - TradeWinds

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Liberia deflags seven tankers blacklisted by US | TradeWinds

Seven oil tankers blacklisted by the United States for alleged oil price cap breaches are being de-flagged by Liberia, the head of the registry has told TradeWinds.

The US Office of Foreign Assets Control (Ofac) has sanctioned eight tankers since mid-October for allegedly trading in Russian crude sold above the price cap of $60 a barrel that was set in December last year by the G7 group of nations.