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U.S. probes ~100 tankers for suspected violations of Russia oil sanctions

Summary by Ground News

The U.S. Treasury Department has sent notices to ship management companies requesting information for 100 vessels it believes may have violated Western sanctions on Russian oil. The notices represent the biggest step of its kind by the U.N. since the G7 countries imposed a $60/bbl price cap last December. Potentially relevant tickers include Frontline (NYSE:FRO), Euronav (EURN), Teekay Tankers (TNK) and SFL Corp. (SFL)

2 Articles

2 Articles

US Asks About 100 Tankers in Russia Oil Cap Violations Probe

The US Treasury Department sent notices to ship management companies about more than 100 vessels it suspects may have violated the price cap on Russian oil imposed after the invasion of Ukraine, a person familiar with the matter said.

3 years ago·New York, United States

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U.S. probes ~100 tankers for suspected violations of Russia oil sanctions

The US Treasury Department has issued notices to ship management companies regarding suspected violations of western sanctions on Russian oil.

3 years ago·United States

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Total News Sources2

Leaning Left1Leaning Right1Center0Last Updated3 years agoBias Distribution

50% Left, 50% Right

Bias Distribution

50% of the sources lean Left, 50% of the sources lean Right

50% Right

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Seeking Alpha broke the news in United States 3 years ago on Monday, November 13, 2023.

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