The U.S. hit two oil tankers and their owners with blocking sanctions and said they had carried Russian oil above the West’s price cap of $60 a barrel, the first time the Biden administration has punished market participants for violating the rules.

The U.S. hit two oil tankers and their owners with blocking sanctions and said they had carried Russian oil above the West’s price cap of $60 a barrel, the first time the Biden administration has punished market participants for violating the rules. https://ift.tt/BYn1zpM