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US Sanctions Show Early Signs of Disrupting Russian Oil Tankers - Bloomberg

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US Sanctions Show Early Signs of Disrupting Russian Oil Tankers - Bloomberg

US Sanctions Show Early Signs of Disrupting Russian Oil Tankers

US sanctions on a handful of tankers engaged in the Russian oil trade appear to have placed several of the ships in limbo, highlighting the scope such measures have to disrupt Moscow’s sales of petroleum.

Since mid-October, the US Treasury has sanctioned eight tankers that hauled Russian crude in breach of a Group of Seven price cap on the country’s exports. The latest action was on Friday and entailed three tankers.

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US Sanctions Show Early Signs of Disrupting Russian Oil Tankers

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