US, global partners step up Russian crude price cap enforcement amid efficacy concerns
October 12, 2023 Comments Off
US officials for the first time imposed sanctions on entities violating the $60/b price cap on Russia seaborne crude exports Oct. 12, while a broader international coalition announced its intentions to beef up enforcement as the price cap policy’s impact appears to be fading. Price caps on Russia-origin crude oil and refined products were devised as a carve out for…
US, global partners step up Russian crude price cap enforcement amid efficacy concerns
US officials for the first time imposed sanctions on entities violating the $60/b price cap on Russia seaborne crude exports Oct. 12, while a broader international coalition announced its intentions to beef up enforcement as the price cap policy’s impact appears to be fading. Price caps on Russia-origin crude oil and refined products were devised as a carve out for…
Archives
Categories
Archives
Recent Posts
Meta
Categories
Calender