WASHINGTON (Reuters) – The U.S. Treasury on Thursday said it imposed sanctions on a United Arab Emirates-based shipping company for violating the $60-per-barrel price cap on Russian crude oil exports in its first such enforcement action this year.
The Treasury said in a statement that the Office of Foreign Assets Control designation sanctions were imposed on Hennesea Shipping Co Ltd, which it said was the beneficial owner of 18 mostly older tankers acquired in late 2022.
The Treasury said it previously identified one of the vessels, the HS Atlantica, as having transported Russian-origin…
