"US Treasury Targets Over 150 Entities Supporting Russia's Military-Industrial Complex with Sanctions"

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on over 150 individuals and entities from various countries for materially supporting Russia's military-industrial base and its war in Ukraine. The sanctions target third-country actors involved in supplying Russia with machine tools, equipment, and key inputs, as well as those facilitating Russian military procurement networks. The Department of State has also imposed sanctions on over 100 entities and individuals complicit in sanctions evasion and supporting Russia's war efforts. The actions aim to tighten the vise on third-country suppliers and networks that provide Russia with the resources it needs to sustain its military-industrial base.