US and EU Impose New Sanctions on Russia on Ukraine War's 2nd Anniversary

The sanctions target Russia's war efforts and individuals connected to Alexei Navalny's death, marking the largest tranche of penalties since the invasion began.

• The US and EU announce roughly 600 new sanctions against Russia, targeting its war machine and individuals linked to Navalny's death.
• Sanctions aim to increase costs for Russia's war efforts in Ukraine, with previous measures having limited impact on deterring aggression.
• EU sanctions include asset freezes and travel bans against over 2,000 individuals and entities, including Putin and his associates.
• Measures target companies exporting dual-use goods to Russia and those supporting its military and industrial complex.
• Critics argue sanctions and price caps on Russian oil have not been effective enough, suggesting a need to address Russia's energy revenues more directly.

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