OFAC designates companies transporting Russian oil above price cap

21 November 2023

OFAC has designated 3 entities and 3 vessels that used Price Cap Coalition service providers while carrying Russian crude oil above the Coalition-agreed price cap (press release, notice): UAE-based, Kazan Shipping Incorporated, Progress Shipping...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions.