US Intensifies Sanctions, Targets Last Major Russian Bank
TL;DR Summary
The United States has imposed new sanctions on over 50 Russian financial institutions, including Gazprombank, to hinder Russia's ability to fund its war against Ukraine. This move is part of a broader international effort led by President Biden and allies to hold Russia accountable for its aggression. The U.S. remains committed to supporting Ukraine through security assistance and enforcing sanctions against Russia.
- Statement from National Security Advisor Jake Sullivan on Further Sanctioning Russia’s Use of the International Financial System The White House
- US Sanctions Gazprombank to Squeeze Russian Gas Exports Bloomberg
- Treasury imposes sanctions on Russian banks, financial officials The Hill
- The US is ramping up sanctions by targeting the last major Russian bank not yet blacklisted Business Insider
- US Places Sanctions on Russia's Largest Remaining Non-Sanctioned Bank Newsweek
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