US imposes sanctions against UAE company for violating "price ceiling" on Russian oil
The US Treasury Department imposes sanctions on at least 18 UAE vessels involved in Russia’s attempts to sell its oil above the limits set by the international coalition.
This is stated in the official report of the Office of Foreign Assets Control of the US Treasury Department (OFAC), released on Thursday, Censor.NET reports with reference to Ukrinform.
"Today, OFAC is imposing the first oil price cap sanctions of 2024 against a shipping company associated with price limitation violations," the statement said.
Thus, 18 vessels of Hennesea Holdings Limited (Hennesea), headquartered in the United Arab Emirates and previously included in the sanctions list, were subject to the US restrictions. It is the ultimate owner of these vessels, which transported crude oil of Russian origin at a price above $60 per barrel.
In this regard, it is reported that shortly before the price limit on Russian oil was set, Hennesea acquired old tankers, which then repeatedly entered the ports of the Russian Federation.
