US President Joe Biden’s administration on Tuesday took a series of actions targeting Russian elites – including several with close ties to Russian President Vladimir Putin – in its latest attempt to penalize the Kremlin for its ongoing war in Ukraine.
In a statement, the Treasury Department announced a new round of sanctions against a number of oligarchs, a major steel production company and two of its subsidiaries, as well as a financial institution accused of running a sanctions evasion operation and its general director.
Separately, US Secretary of State Antony Blinken announced sanctions on three oligarchs, a Russian state-owned company overseen by the Russian Ministry of Transport, “four individuals and one entity illegitimately operating in Ukraine’s territory in collaboration with Russia,” and 24 Russian defense and technology-related entities.
The US is also imposing visa restrictions on 893 Russian Federation officials and “31 foreign government officials who have acted to support Russia’s purported annexation of the Crimea region of Ukraine and thereby threatened or violated Ukraine’s sovereignty,” Blinken said.
Many of the designations announced by the US target oligarchs who were previously sanctioned by allies like the United Kingdom, Australia, Canada and the European Union. The actions come as the war in Ukraine nears its sixth-month mark.