US Imposes Sweeping Sanctions on Russia, Targeting Global Support Networks
New measures aim to cut off Russia's access to critical technology and financial resources, increasing pressure on foreign entities aiding Moscow's war effort.
- The sanctions target over 300 entities and individuals, including Chinese companies supplying semiconductors to Russia.
- The US Treasury has expanded its secondary sanctions to include more foreign financial institutions dealing with sanctioned Russian entities.
- Russian officials, including Dmitry Medvedev, have called for retaliatory actions against the West.
- The sanctions also focus on restricting Russia's use of US software and IT services.
- G7 leaders are set to discuss further support for Ukraine and strategies to enforce the new sanctions.
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