The United States has begun another round of sanctions against Russian oil imports.
The measures introduced by the United States are aimed at achieving a “price ceiling” and will be imposed on shipowners and vessels involved in the transportation of Russian crude oil in excess of the upper tariff limit.
This was reported by the US Treasury Department.
– “The strengthening of sanctions demonstrates our commitment to the principles of price cap policy, which contributes to the goals of maintaining stable energy markets while reducing Russia’s revenues to finance its war against Ukraine,” the US department said.
They explained that the United States is part of a coalition of G7 countries, the European Union and Australia, which have agreed to ban imports of crude oil and petroleum products of Russian origin.
The governments of these countries agreed to limit a wide range of services related to the maritime transportation of crude oil and petroleum products of Russian origin, except when oil is bought and sold at prices below specific price caps set by the Coalition or authorized by license.
As a reminder, the EU has adopted the 12th package of economic and individual restrictive measures in response to Russia’s ongoing aggressive war against Ukraine.