Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

US Unveils Massive Sanctions Targeting Russia's War Machine

The Russian Embassy, as President Biden announces new sanctions on Russia, in Washington

The United States recently announced a significant set of sanctions aimed at disrupting Russia's military operations in the ongoing conflict with Ukraine. The sanctions, issued by the US Treasury and State Departments, impact nearly 400 individuals and entities across multiple countries, including China, Switzerland, Turkey, and the United Arab Emirates.

These measures, strategically revealed ahead of Ukrainian Independence Day, specifically focus on entities supporting the Russian supply chain and defense infrastructure, as well as those aiding Moscow in circumventing existing sanctions. The announcement coincides with Ukraine's bold move into Russia's Kursk region.

The Treasury Department highlighted the targeting of various transnational networks involved in activities such as procuring ammunition and military equipment for Russia, assisting Russian oligarchs in evading sanctions through offshore financial services, and supporting Russia's military-industrial complex by acquiring critical items like advanced machinery and electronic components.

Sanctions strategically announced ahead of Ukrainian Independence Day.
US sanctions target nearly 400 individuals and entities across multiple countries.
Focus on disrupting entities supporting Russian supply chain and defense infrastructure.

Moreover, the sanctions extend to Russian financial technology firms providing essential software and IT solutions to the country's financial sector. The State Department's actions focus on entities and individuals linked to Russia's future energy, metals, and mining sectors, as well as those involved in sanctions evasion, military-industrial operations, and attempts to influence Ukraine's youth.

This comprehensive effort underscores the US government's commitment to disrupting Russia's war efforts and holding accountable those complicit in supporting its aggressive actions. The sanctions aim to impede the flow of resources and technologies that bolster Russia's military capabilities, signaling a robust response to the escalating conflict in the region.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.