Published: Feb 10, 2024, 06:40 IST | Updated: Feb 10, 2024, 06:40 IST
The US treasury department has taken action against entities violating the price cap on russian oil. 3 uae-based companies and a liberian-registered tanker were sanctioned for facilitating oil sales above the $60 per barrel limit. These sanctions freeze their u.S. Assets and prohibit american dealings with them.