Again Restriction: The United States has imposed regular sanctions against Russia for violation of the ceiling of oil prices

According to representatives of the US Department of Finance, participants in Russian oil transportation, especially first -level entities, such as traders, should adhere to the guidelines of sancing policy in order not to face undesirable consequences. The US Ministry of Finance on Wednesday, December 20, has imposed new sanctions for violation of the ceiling of prices during oil. This was reported on the official website of the US Finance Ministry.

"Today, the US Department of Foreign Assets Control of the US Ministry of Finance continued to increase the compliance with the price restriction on Russian oil, based on previous actions against the shipowners and vessels involved in the transportation of Russian raw oil at a price higher than the established limit" It is in the message. OAC, together with the G7 marginal prices coalition, updated the leadership on the implementation of oil prices and petroleum products of Russian origin.

In addition, ofac has determined the court manager, which is related to the Government of Russia, as well as several little -known oil traders, who have become frequent participants in maritime transportation of Russian origin after introducing a price limit.

"Today's appointments are demonstrating our dedication to the principles of price restriction policy, which contributes to the achievement of the goals of supporting stable energy markets with the simultaneous reduction of Russia's income to finance its war against Ukraine," said Deputy Minister of Finance, Wolla Adeem.

He added that participants in Russian oil transportation, especially first -level entities, such as traders, must adhere to the guidelines of sancing policy in order not to face undesirable consequences. Sun Ship Management D Ltd (Sun Ship), based in the UAE but belongs to the Operator of the Fleet of AK "Sovcomflot" (SCF), that is, the Government of Russia, and manages the SCF courts.

The Hong Kong company Bellatrix Energy Limited, which has dramatically increased its share in Russian oil trade after the introduction of prices limitation policies. Since mid -June 2023, Bellatrix vessels have taken over 150 measures in Russia's ports. In addition, Bellatrix took a loan from the Russian Bank for Development of Regions, which OAC has submitted to the sanction list on November 2, 2023.

The Hong Kong Company Covart Energy Limited, which has also dramatically increased its share in Russian oil trade after the pricing policy is introduced. Since May 2023, the vessels, which were filled with Covart, have taken at least 23 events to Russia's ports. Covart also owns a Sanar 15 vessel (IIV 9777670) floating under the Russian flag.

Among the vessels that came to the ports of Russia, being filmed by Covart were HS Atlantica, NS Champion and Victor Bakaev, which were identified as carriers of Russian crude oil at a price above $ 60 per barrel. OAC has identified HS Atlantica, NS Champion and Viktor Bakaev as a property in which HS Atlantica Limited, Sterling Shipping Incorporated and Streymoy Shipping Limited. Voliton DMCC (Voliton) based in the UAE is previously known as Petrokim Trading Middle East and Asia DMCC.

It has also dramatically increased its share in Russian oil trade after the pricing policy was introduced. Since June 2023, the Voliton Court has taken at least eight measures to Russia's ports. It has recently been reported that the US government intends to halve Russia's revenues from oil and gas exports by 2030. On December 20, Bloomberg wrote that the United States was signaling measures to ensure the restriction of oil prices from Russia.