U.S. Plans New Russia Export Controls and Sanctions

“President Joe Biden’s administration is planning to impose new export controls and a fresh round of sanctions on Russia, targeting key industries a year after Vladimir Putin started his invasion of Ukraine,” Bloomberg reports.

“The measures will target Russia’s defense and energy sectors, financial institutions and several individuals, according to people familiar with the matter who spoke on condition of anonymity. The US and allies are also expected to turn their focus to preventing the evasion and circumvention of sanctions — and disrupt support Russia receives from third countries.”