Russia’s energy sector – tighter OFAC (US) and OFSI (UK) sanctions – Panama’s response
15 January 2025

(US) OFAC and (UK) OFSI intensify pressure on Russia’s oil and energy sector with the largest sanctions package to date. Panama reacts to sanctioned-flagged vessels.

Our Shipping, Transport & Logistics Focus Team breaks down the key updates in our most recent Sanctions Update available here.