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HomeWorldUS probes 30 ship managers for suspected Russia oil sanctions violations  |...
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US probes 30 ship managers for suspected Russia oil sanctions violations  | Reuters News Agency

News Times HD
By News Times HD


EconomyEnergyGovernment

13 November 2023, 6:16 pm 1 minute

Reuters was first to report that the U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violating Western sanctions on Russian oil.  

Market Impact

The price cap has caused a shift in global markets as China and India purchase Russian oil, often at a discount. Much of that oil had traditionally gone to Europe and other markets. 

Article Tags

Topics of Interest: EconomyEnergyGovernment

Type: Reuters Best

Sectors: Commodities & EnergyEconomy & PolicyGovernment & Public Services

Regions: Americas

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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