Russia-Ukraine conflict
The United States’ decision to impose stricter sanctions on Alrosa of Russia, a major player in India’s gems and jewellery industry, was being evaluated, sources in the industry said on Friday.
The “blocking sanctions” on the largest diamond mining company of the world was announced by U.S. Secretary of State Antony Blinken on Friday. “The United States is imposing blocking sanctions on two Russian state-owned enterprises. We will keep raising the cost for President Putin’s unconscionable war and atrocities against Ukraine,” he said.