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US hits 3 UAE shipowners with sanctions for violating Russian oil price cap 
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US hits 3 UAE shipowners with sanctions for violating Russian oil price cap 

The US Treasury department has imposed sanctions on three shipowners based in the United Arab Emirates, accusing them of exporting Russian crude oil priced above the $60 per barrel limit set by the G7 and Australia.The move by Washington comes as it tries to increase enforcement of the Russian oil price cap following evidence that...