EconomyEnergyGovernment
13 November 2023, 6:16 pm 1 minute
Reuters was first to report that the U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violating Western sanctions on Russian oil.
Market Impact
The price cap has caused a shift in global markets as China and India purchase Russian oil, often at a discount. Much of that oil had traditionally gone to Europe and other markets.
Article Tags
Topics of Interest: EconomyEnergyGovernment
Type: Reuters Best
Sectors: Commodities & EnergyEconomy & PolicyGovernment & Public Services
Regions: Americas
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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