he U.S. Treasury Department has imposed sanctions on three maritime companies based in the United Arab Emirates (U.A.E.) and three vessels owned by the companies for shipping Russian oil sold above a price cap imposed by the world’s major economies to reduce the amount of oil revenue Moscow has to fund its war in Ukraine....
The United States Treasury Department has put three more shipping companies based in the United Arab Emirates under sanction accusing them of carrying Russian oil priced above war-induced ceilings imposed by Washington and its allies. Oil Tankers SCF Mgmt FZCO, Talassa Shipping DMCC and Zeenit Supply and Trading DMCC, as well as Liberia-based NS Leader...
The US Treasury and State Departments sanctioned more than 250 companies and individuals in China, Turkey and the United Arab Emirates, alleging that their continuing support for Russia has been crucial to sustaining its invasion of Ukraine. The measures take aim at what the US agencies calls Russia’s procurement network, a loose coalition of companies...
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning firms involved in the production or ongoing transfer to Russia of Iranian unmanned aerial vehicles (UAVs), which Russia has used in devastating attacks against civilian infrastructure in Ukraine. OFAC is designating Shahed Aviation Industries Research Center, the firm responsible...