U.S. imposes sanctions on Russia

U.S. imposes sanctions on Russia
# 01 December 2023 19:42 (UTC +04:00)

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing sanctions on three entities and identifying as blocked property three vessels that used Price Cap Coalition services while carrying Russian crude oil above the Coalition-agreed price cap, APA reports citing the official website of the Department.

"Sterling Shipping Incorporated, Streymoy Shipping Limited, and HS Atlantica Limited were designated pursuant to Executive Order 14024 for operating or having operated in the marine sector of the Russian Federation economy. OFAC also identified the NS Champion, Viktor Bakaev, and HS Atlantica as property in which Sterling Shipping Incorporated, Streymoy Shipping Limited, and HS Atlantica Limited, respectively, have an interest.

As a result of today’s action, all property and interests in property of the persons above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC," says the source.

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THE OPERATION IS BEING PERFORMED