United States Imposes New Sanctions on Russia, Targeting Energy and Sanctions Evasion

2023-11-03 5

The United States has imposed new sanctions on Russia over the war in Ukraine, targeting Russia's energy capabilities and sanctions evasion. The sanctions include targeting a major entity involved in a Siberian LNG project and twelve Russian companies involved in supporting Russia's military. The US has also targeted companies in the United Arab Emirates, Turkey, and China for sanctions evasion. The US Treasury Department has imposed sanctions on several Russian banks and industrial firms. The US is also increasing pressure on countries and private companies to enforce sanctions against Russia.