Virtually Every Sanctioned Russian Oil Tanker Remains Idle and Empty Months After Sanctions
- Thirty-nine ships remain sanctioned for breaching a price cap
- Most have been inactive for between three and six months
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Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the US’s scope to disrupt Moscow’s petroleum supply chain if it chooses to.
Since October, 40 ships involved in Russia’s oil trade have been added to the Treasury’s list of designated entities, mostly for breaching a price cap that’s meant to restrict the Kremlin’s access to petrodollars.