US imposes sanctions on companies and vessels ignoring price limits on Russian oil ...Middle East

The United States has imposed sanctions on three companies and three vessels involved in the sale of Russian oil at prices exceeding the G7 limits. On December 1, the US Office of Foreign Assets Control (OFAC) announced sanctions against three legal entities and three vessels. The companies targeted include HS Atlantica Limited registered in Liberia, Sterling Shipping Incorporated registered in Dubai, and Streymoy Shipping Limited. The sanctioned vessels are under the Liberian flag and include HS Atlantica (5LIP5), NS Champion (A8FD9), and Viktor Bakaev (D5BN6), all associated with these legal entities. It is worth noting that the G7 implemented a price ceiling on Russian oil at the end of

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