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Jargon, explained

Explained: Tankers carrying Russian diesel change course, raising doubts about shipments to US

Compiled Nov 5

Tankers carrying Russian diesel change course, raising doubts about shipments to US
Tankers carrying Russian diesel change course, raising doubts about shipments to US · Photo: The Associated Press

Trump announced an agreement with Putin on Oct. 9 to make more than 300,000 metric tons of Russian diesel available to U.S. and global markets

OFAC
Office of Foreign Assets Control, the Treasury Department office that administers U.S. sanctions
sanctions exemption
A temporary authorization allowing transactions that would otherwise be barred by sanctions
Kpler
A marine data company that tracks shipping movements
for orders
A shipping term indicating a vessel's final destination has not yet been determined

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