US Intensifies Sanctions to Curb Russia’s Military and Economic Strength

Washington has imposed sanctions on approximately 120 entities and individuals across Russia, the United Arab Emirates, and Kyrgyzstan on Thursday, intensifying measures to restrict Moscow’s access to goods, financial capital, and funding pathways that aid its ongoing military operation in Ukraine.

The latest sanctions, led by the Treasury and State departments, are targeted at numerous Russian sectors including mining, technology, munitions, and commercial banking. Kyrgyzstan-based electronics companies and their leaders, as well as a UAE-based engineering firm exporting electronic shipments to Russia, were also included in the sanctions.

These latest measures build on the sanctions imposed by the US and other G7 nations during a summit in Japan in May. As US Secretary of State Antony Blinken noted, these unprecedented steps aim to impose costs on Russia and hold accountable those who support its illegal war against Ukraine.

“Since Russia launched its full scale invasion of Ukraine, the United States, working with our allies and partners, has taken unprecedented steps to impose costs on Russia and promote accountability for the individuals and entities who support its illegal war,” he said. “We will continue to stand with Ukraine for as long as it takes.”

Following the invasion’s first anniversary in February, American officials indicated that Russia’s metals and mining sectors, alongside measures to curtail Russia’s energy revenues through a price cap on Russian oil, would be future sanctions targets. Deputy Secretary of the Treasury Wally Adeyemo said that these actions are part of a concerted effort to limit Russia’s military abilities, its access to battlefield supplies, and its economic foundation.

“As long as Russia continues to wage its unprovoked and brutal war against Ukraine, we will impose sanctions to deprive Russia of the technology it needs and disrupt the Russian arms industry’s ability to resupply,” said Deputy Secretary of the Treasury Wally Adeyemo.

Information for this story was found via the Treasury DepartmentR. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Barrick Mining’s “Company Defining [Gold] Discovery”

America Uses More Copper Than It Makes | Simon Quick – Canadian Copper

Gold Bulls Run Faster Than New Mines?! | Thomas Mumford – Scottie Resources

Recommended

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Altamira Gold Encounters Porphyritic Intrusive Rocks In Initial Scout Drilling At Regional Targets

Related News

Transnistria Calls on Russia For Aid Amid Economic Pressure from Moldova

Transnistria, a breakaway republic from Moldova, has officially reached out to Russia for assistance amid...

Thursday, February 29, 2024, 11:04:00 AM

Norway Says It Will Continue Supplying Fuel to US Navy Despite Company Boycott

Norwegian marine fuel supplier Hattbakk Bunkers demonstrated its support for Ukraine by announcing it would...

Monday, March 3, 2025, 12:13:00 PM

Trump Explores Lifting Russia Sanctions While Kremlin Awaits ‘Normalization’

Russia expects sanctions relief as President Trump directs officials to identify restrictions that could be...

Sunday, March 9, 2025, 07:33:00 AM

Russia Mulling Extradition of Nazi SS Veteran Honoured by Canadian Parliament

Moscow is contemplating the possibility of seeking the extradition of Yaroslav Hunka, the 98-year-old Ukrainian-Canadian...

Friday, September 29, 2023, 06:16:00 AM

Trump Wants Aid-for-Minerals Deal With Ukraine

President Donald Trump has proposed exchanging US aid to Ukraine for access to its rare...

Tuesday, February 4, 2025, 03:40:00 PM