Restrictions will apply to the import of Russian diamonds and oil.
The United States of America on Thursday, February 8, introduced new sanctions against the Russian Federation. This was reported on the website of the US Department of the Treasury (OFAC).
It is noted that the Treasury Department’s Office of Foreign Assets Control is taking its second price cap measure this year, imposing sanctions on four Russian entities and designating one vessel as blocked property. In particular, restrictions will apply to the import of Russian diamonds and oil.
“Price caps and our sanctions have led to widening discounts on Russian oil, limiting the revenue the Kremlin relies on in its illegal war. Today’s action against ships violating Russian oil price caps should serve as a continuing warning that we can and will “In addition, OFAC’s determination helps us meet the commitments made by G7 leaders in December to reduce Russia’s diamond revenues,” said Brian Nelson, Under Secretary of the Treasury for Terrorism and Financial Intelligence.
It is noted that the sanctions included the companies Zeenit, Oil Tankers, SCF and Talassa, based in the UAE, as well as NS Leader Shipping, registered in Liberia. Also, according to the new US sanctions, the import of non-technical diamonds mined in the Russian Federation and diamond jewelry and ungraded diamonds originating from or exported from the Russian Federation is prohibited.
Sanctions against the Russian Federation – latest news
Details of the new package of EU sanctions against Russia have become known. According to Bloomberg, the restrictions are aimed at individuals and companies that produce weapons and supply key technologies to the Russian defense industry.
also reported that due to sanctions, Russian oil supplies to India fell to a yearly minimum.
