Russia-Ukraine war: US tightens sanctions against Russia | Latest News | NewsGlow

US Sanctions Tightened: President Joe Biden has signed an order to intensify sanctions against Russia in response to the ongoing conflict in Ukraine.Show more

Financial Entities Targeted: The order empowers the US to take action against financial entities aiding Russia in evading global sanctions, forming part of a broader crackdown on sanctions evasion.

Expanded Import Bans: The new measures broaden import bans on goods such as seafood and diamonds, aiming to increase pressure on Russia through economic means.

Warning to Financial Entities: National Security adviser Jake Sullivan stated that financial entities must cease supporting Russia's war in Ukraine or face significant sanctions, emphasizing a strong message against aiding unlawful efforts.

Previous Warnings and Sanctions: This move follows previous warnings and sanctions by the US, which included sanctions on companies in the UAE, Turkey, and China, accusing them of assisting Russia in bypassing sanctions imposed in the previous year.