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US Lifts Sanctions On Three Russian Vessels; Treasury Says No Broader Policy Shift
OFAC said the delistings followed a standard review and left the broader sanctions regime intact.
- On Tuesday, the United States Treasury Department's Office of Foreign Assets Control removed sanctions from three Russian-flagged container ships: Sv Nikolay, Fesco Moneron, and Fesco Magadan.
- The Treasury Department previously designated these vessels for ownership by sanctioned banks Alfa and PSB, and for involvement in transporting military goods or Ukrainian grain.
- Officials stated the ships were delisted following a "thorough review" of enforcement procedures. A Treasury spokesperson said, "SDN List removals are not indicative of a broader shift in US-Russia policy."
- Senator Chuck Grassley, a Republican from Iowa, recently called the move the "wrong move," warning that every dollar generated "fuels Putin's war" and prolongs suffering in Ukraine.
- Republican Representatives Don Bacon and Democrat Gregory Meeks warned in a bipartisan letter last week that easing pressure "risks fueling Russia's aggression and undermining progress" in limiting its global energy leverage.
16 Articles
16 Articles
Kyiv Labels US Delisting of Sanctioned Russian Ships ‘Manifestation of Weakness’
Ukraine’s foreign minister criticized the US’s Tuesday decision to delist three Russian vessels from sanctions that were in place since 2022, after Russia launched its full-scale invasion of Ukraine.
The US Treasury Department on Tuesday removed three Russian-flagged cargo ships from its sanctions list, according to a newly released list. The agency said the move was not part of a broader shift in US policy toward Russia, but did not provide a specific explanation. Washington also recently eased sanctions on Russian oil, citing an energy crisis caused by the US-Israeli war with Iran.
The U.S. Treasury has removed three Russian-related vessels from the sanctions lists from the Foreign Assets Control Authority (OFAC) publication of March 31.
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