U.S., Allies Announce Unprecedented Sanctions Targeting Russia's Oligarchs, Military Allies
- The US announced major sanctions on Russian oligarchs Alisher Usmanov and Roman Abramovich, citing facilitation of Russia's invasion of Ukraine.
- Sanctions also targeted over 100 entities in Turkey, China, and elsewhere for enabling evasion of existing penalties and supporting Russia's military.
- Usmanov's assets, including his superyacht, were hit among wide-ranging penalties meant to disrupt Russia's military supply chain and technology imports.
- The US cited the International Investment Bank in Budapest and three of its officials for intelligence operations and money laundering risks.
- The penalties were coordinated with the UK and EU to present a united front against Russia's territorial aggression and close Putin allies' financial networks.
Reuters 
Deutsche Welle 
Al Jazeera 
Fortune 
Washington Post 
CNBC 
