Copyright © 2024

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

US imposes new sweeping Russia sanctions over war in Ukraine

The US initiates comprehensive sanctions against Russia, with the new package centering on energy, drones, and entities in response to the Russo-Ukrainian war. Hundreds are impacted, as per Reuters.
US imposes new sweeping Russia sanctions over war in Ukraine

On 2 November, the US introduced extensive sanctions against Russia over its war in Ukraine, targeting Moscow’s energy potential, sanctions evasion, a disruptive suicide drone, and other aspects, as the list includes hundreds of new people and entities, according to Reuters.

The measures target a major entity engaged in the development, operation, and ownership of the expansive Arctic-2 LNG project in Siberia, as stated by the State Department. This project aims to export liquefied natural gas (LNG) to international markets.

Additionally, the US targeted the KUB-BLA and Lancet suicide drones utilized by the Russian military in Ukraine, designating their creator and designer, and a network alleged to procure components for drone production.

The US Treasury Department also imposed sanctions on seven banks based in Russia, as well as numerous industrial firms. Among the targeted entities is Gazpromneft Catalytic Systems LLC, identified by the Treasury for its role in producing chemical agents used in advanced oil refining within Russia.

Read also:



You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here

    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts