The US threatens to imprison shipping carriers transporting Russian oil above the price ceiling
The US Treasury Department has sent 30 companies - owners of 100 tankers - a demand to provide documents related to the transportation of Russian oil
The US government has not only imposed sanctions on five tankers that violated the price ceiling for Russian oil, but is also demanding information on another hundred. It has also changed the tone of its conversations with those involved in the transportation of oil from Russia.
Source. Bloomberg writes about this with reference to managers of two insurance companies.
Moreover, the US Treasury Department has threatened to imprison representatives of the shipping company if they do not provide information in full. This is stated in one of the letters seen by Bloomberg.
In total, the U.S. Treasury Department has sent 30 companies – owners of about 100 tankers – a demand to provide a wide range of data and documents related to the transportation of Russian oil and the companies that carry it out.
Since July, Russia's main Urals crude has been selling for more than the $60 per barrel limit set by the G7 and the European Union. But in late October and early November, the US began to tighten sanctions: in addition to requesting information, it imposed sanctions on five tankers, which had its impact.
Three major Greek shipping companies – Minerva Marine, Thenamaris and TMS Tankers – which operate more than a hundred oil tankers and oil product carriers, have stopped transporting Russian energy resources in recent weeks, Reuters reported, citing four industry officials and ship data.
All three carriers have rejected requests for new leases for Russian crude shipments in November and beyond. Urals prices also fell to $60 barrels.
The number of tankers whose owners are willing to take risks has decreased, and this has affected maritime exports from Russia. For example, during the week of November 12-19, it fell by 580,000 barrels per day, which is almost 20% compared to the average for the month.
Background. As reported, the price of Russian oil fell below $60 after sanctions against Putin's "shadow fleet".
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