Today: April 23, 2024
Today: April 23, 2024

Kremlin, on U.S. probe into oil sanctions, says Russia acting in own interests

Share This
LA Post: Kremlin, on U.S. probe into oil sanctions, says Russia acting in own interests
November 14, 2023

MOSCOW (Reuters) - The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United States into alleged violations of Western oil sanctions on Moscow.

Kremlin spokesman Dmitry Peskov also told a daily conference call with reporters that President Vladimir Putin would hold a meeting on the fuel and energy complex later on Tuesday.

The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violating Western sanctions on Russian oil, according to a source who has seen the documents.

"We understand that the American authorities do not stop their sanctions aspirations in one form or another, but we adapt to these conditions and act in a way that best suits our interests," Peskov said.

The Group of Seven countries, the European Union and Australia imposed a $60 per barrel cap last December on sea-borne exports of Russian crude due to the conflict in Ukraine.

It bans Western companies from providing services such as transportation, insurance and financing for the oil sold above the cap.

A rally in global oil prices this year has meant much of Russian oil has traded above the cap.

The source with knowledge of the new notices said that some of the vessels now under investigation were involved in lifting Russian oil from the Pacific port of Kozmino, while others had loaded at the port of Primorsk on the Gulf of Finland.

(Reporting by Dmitry Antonov; writing by Vladimir Soldatkin; Editing by Andrew Osborn and Louise Heavens)


Jamal Murray sinks shot at buzzer to cap 20-point comeback and lead Nuggets past Lakers 101-99

Jamal Murray sank a 15-foot step-back jumper at the buzzer and the Denver Nuggets wiped out a 20-point second-half deficit to stun the Los Angeles Lakers 101-99 Monday night and take a 2-0 lead in their Western Conference playoff series

Nelly Korda puts bid for 6th straight victory on hold after withdrawing from Los Angeles tourney

Nelly Korda is putting her bid for a historic sixth straight victory on hold

Without cameras to go live, the Trump trial is proving the potency of live blogs as news tools

With cameras not allowed at former President Donald Trump's hush money trial in New York, live news blogs are coming into their own as an important news tool

Yankees manager Aaron Boone is ejected 5 pitches into game vs. Athletics

New York Yankees manager Aaron Boone was ejected by Hunter Wendelstedt five pitches into a game against the Oakland Athletics over a remark from a fan behind the dugout aimed at the plate umpire


EU Parliament approves ban of products made with forced labour

A well-known figure in a German far-right party tells his trial he is completely innocent

Columbia switches to hybrid learning amid protests over Israel's war in Gaza

The UK pledges $620 million in new military aid for Ukraine

- Advertisement -
Advertisement: Limited Time Offer