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The US Office of Foreign Assets Control (OFAC) added 17 Liberian-flagged bulk carriers and oil tankers to its Russian sanctions busting blacklist, citing alleged violations related to Western-imposed oil price cap sanctions on Russian oil, it was reported on January 19. The sanctions also target the shipping company Hennesea Holdings Limited from Abu Dhabi in the United Arab Emirates (UAE). Deputy Secretary of the Treasury Wally Adeyemo said the inclusion on the list is the consequence for those violating the price cap that was imposed almost a year ago. ‘Today’s actions once again demonstrate…

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