US, UK impose sweeping sanctions on Russia’s oil sector, target shadow fleet
The U.S. and the U.K. have enacted their most extensive sanctions against Russia's oil industry, targeting nearly 200 vessels of the so-called "shadow fleet," major oil companies, and associated entities, the Office of Foreign Assets Control (OFAC) announced on Jan. 10. "The United States is taking sweeping action against Russia's key source of revenue for […]