US plans more sanctions on tankers carrying Russian oil

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, two sources with knowledge of the matter said on Sunday.
The Biden administration is planning sanctions targeting tankers that carry Russian oil sold above the West's $60 per barrel price cap, the sources said. Russia has used this so-called shadow fleet of aging ships to evade the cap. Many of the ships are less safe and prone to spilling oil, shipping experts say.
Since Russia's February 2022 invasion of Ukraine, the U.S. has sanctioned dozens of these vessels, out of a fleet estimated to be in the hundreds, to reduce its ability to fund the invasion.