In his final days in the presidency, Joe Biden and his administration have implemented new sanction decisions against Russia due to its ongoing invasion of Ukraine. The sanctions announced on January 15 include significant restrictions aimed at Russia’s energy sector and military-industrial base.
The U.S. Treasury Department announced that approximately 100 new targets, including previously sanctioned Russian banks and energy sector companies, have been added to the sanctions list. It was emphasized that these decisions increase the risk of secondary sanctions for critical Russian entities.
Similarly, the U.S. State Department has launched an expanded wave of sanctions against Russia. The announcement specified that 250 individuals and entities supporting the war against Ukraine are targeted.
The State Department highlighted that over 150 individuals and entities are particularly connected to the energy sector and military industry. The statement included, “Today’s steps continue from previous decisions aimed at Russia’s energy sector. We also aim to prevent China-based actors from circumventing sanctions and to weaken Russia’s military-industrial base.”
Rosatom and Its Subsidiaries Targeted
Additionally, it was announced that subsidiaries of the State Atomic Energy Corporation Rosatom are also included in the new sanctions. These sanctions aim to restrict Russia’s revenue sources dependent on energy exports.
South Korea Sanctions 15 Cyber Hackers Linked to North Korea’s Weapon Funding
