A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct ...

Ship insurers warn of Russian oil price cap evasion, risks of 'dark fleet' By Jeslyn Lerh and Muyu Xu April 27, 20235:29 PM PDTUpdated April 27, 2023 ...

Russian Urals oil jumped $2-$3 above the $60 per barrel Western price cap on Thursday, boosted by strengthening in international benchmark Brent and additional export cuts announced by Russia in ...

The U.S. Treasury Department has imposed sanctions on three maritime companies based in the United Arab Emirates (U.A.E.) and three vessels owned by the companies for shipping Russian oil sold ...