U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia

By Malte Humpert (gCaptain) – In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of oil traders, oilfield service providers and insurance companies. 

The measures are aimed at further reducing Russian revenues from energy exports.

“The United States is taking sweeping action against Russia’s key source of revenue for funding its brutal and illegal war against Ukraine,” announced Secretary of the Treasury Janet Yellen. 

“This action builds on, and strengthens, our focus since the beginning of the war o