US Blocks Russian Assets Worth Hundreds of Millions of Dollars - Treasury
The US Treasury warned against a "challenge" posed by Russia, citing its "malign conduct" and calling for a "firm and vigorous response." The sanctions, it says, were imposed due to an alleged violation of a ban on the ship-to-ship transfer of refined petroleum products with North Korea-flagged vessels.
"Today’s action against two entities and six vessels was taken pursuant to Executive Order 13810 of September 20, 2017, and targets persons involved in the ship-to-ship transfer of refined petroleum products with North Korea-flagged vessels, an activity expressly prohibited by the UN Security Council (UNSC)," the US Treasury said in a statement on its website.
The Treasury's Office of Foreign Assets Control (OFAC) designated two Russia-based shipping companies — Primorye Maritime Logistics Co Ltd. and Gudzon Shipping Co. LCC — along with the registered ship owners and managers of the Russia-flagged merchant vessel Patriot, the release said. Five Russia-flagged vessels — Neptun, Bella, Bogatyr, Partizan and Sevastopol — were also targeted, it added.
US Department of Justice charges Turkish State Bank over deals with Iran87316.10.2019, 12:45
Putin’s Big Dollar Dump Cost Russia $8 Billion in One Year70815.10.2019, 21:10
Now that's a REAL gold card!104212.10.2019, 21:40
Asian markets rise on fresh optimism over U.S.-China trade талкс137111.10.2019, 12:30
Countries like Armenia, countries that train people in how to code, can become an economic powerhouses. Richard Clarke113007.10.2019, 16:10
Hong Kong protests: Rich chase golden visas as unrest simmers155106.10.2019, 17:35