US Targets Banks Enabling Russia's Military Funding with Sanctions

The US has threatened to impose sanctions on banks that provide financial support to Russia's war machine, as part of efforts to deter Moscow's aggression. The move comes as tensions between the US and Russia continue to escalate, with the US accusing Russia of cyberattacks and interference in US elections. The threat of sanctions on banks is seen as a way to target Russia's military capabilities indirectly, by cutting off its access to funding.