UK Sanctions UAE Companies Dealing in Russian Energy, Issues General License
The U.K. on July 21 sanctioned United Arab Emirates-based companies Intershipping Services and Litasco Middle East DMCC for doing business involving the Russian energy sector. The Office of Financial Sanctions Implementation also issued a new general license that authorizes certain transactions with Intershipping Services involving ships owned by the government of Gabon.
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In addition, OFSI amended the identifying information of entries for two other listings under its Russia sanctions regime: businessperson Yegor Yurievich Karasev and OJSC Keremet Bank.