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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

UK’s New Sanctions On Russia Includes Diamonds As G7 Vows To “Starve The Russian War Machine”

Britain launched new sanctions on Russia on Friday, as G7 leaders gathered in Japan for...

Friday, May 19, 2023, 10:31:06 AM

Trump Sets Ten-Day Tariff Clock On Russia To Force Ceasefire With Ukraine

President Donald Trump tightened the screws on Russia, warning that “tariffs and the various things...

Wednesday, July 30, 2025, 02:18:00 PM

Ukraine Resists US Push for $500 Billion Mineral Rights Deal

Ukraine is pushing back against US demands for a $500 billion fund tied to the...

Monday, February 24, 2025, 03:46:00 PM

Is Vladimir Putin Getting Ready to Flee Russia?

Russian President Vladimir Putin may be on the brink of fleeing the country and going...

Thursday, February 9, 2023, 04:32:00 PM

From Missiles To Malware: Microsoft Bares Defending Ukraine In Cyber War Against Russia

While the ongoing conflict between Russia and Ukraine has claimed many lives and properties on...

Thursday, July 4, 2024, 12:57:00 PM