Russia Considers Downgrading Diplomatic Ties with U.S. Over Asset Confiscation

The potential move comes in response to U.S. legislation authorizing the use of frozen Russian assets to aid Ukraine.

Russia is evaluating a reduction in diplomatic relations if the U.S. proceeds with confiscating its frozen assets.
The U.S. Senate recently passed a bill, signed into law by President Biden, targeting Russian assets to fund Ukrainian aid.
Deputy Foreign Minister Sergei Ryabkov indicated that Moscow might also take economic and diplomatic countermeasures.
The G7 nations aim to utilize nearly $300 billion in Russian assets frozen since 2022 to support Ukraine.
The situation raises complex legal and diplomatic challenges, setting a controversial precedent.