The U.S. Treasury Department has removed sanctions from three Russian cargo vessels—the Fesco Magadan, Fesco Moneron, and SV Nikolay. These ships were originally sanctioned in 2022 due to their financial connections with Russian banks that fund the country’s defense industry. The SV Nikolay has a history of transporting stolen resources from Russian-occupied Ukrainian territories. Investigations … Continue reading U.S. Lifts Sanctions on Certain Russian Ships Amid Global Energy Shifts