The US Treasury Department has sent letters to 30 companies that control about 100 tankers demanding extensive information and documents about the shipments and the companies involved.
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The letter contained a threat of imprisonment if recipients did not comply in full, according to Bloomberg journalists.
Oil tanker owners in Greece have reduced the amount of Russian oil they transport. This decision could result in breaking Russian oil delivery chains, according to Bloomberg.
The number of Greek tankers heading to Russia this month will fall by 25% compared to October and by 60% compared to June, according to ship tracking data.
Earlier this month, the US Treasury scared some tanker owners by asking them to explain what they had done to comply with the Group of Seven’s $60 price cap on Russian oil. per barrel or less.
The apparent decline in Greece’s role coincides with signs that the overall size of Russian exports will also decline. Such a drop would defeat the purpose of the price cap, which is to maintain Russian oil supplies while depriving Russia of revenue. It is still possible that some Greek owners will return to trade with the Russian Federation when they have time to fully evaluate the US Treasury’s letters, the publication reported.
A copy of one of the letters, seen by Bloomberg, asked for broad information and documentation about the shipments and the companies to which the goods were being transported. It also contained a threat of criminal prosecution if recipients did not comply with the requirements.
Representatives of the two insurance companies also said the tone of conversations with authorities had changed in recent weeks, indicating stricter compliance with the limit.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.