US Department of the Treasury and United Kingdom jointly targeted Russian Gazprom Neft and Surgutneftegas, marking the most comprehensive action yet against Russia's ability to profit from energy exports that fund its aggression in Ukraine.
Despite Roman Abramovich's metallurgical and mining company supplying materials to the Russian state-run military-industrial complex for over a decade, the United States has yet to impose sanctions on the billionaire, while his children live in the UK and the US without sanctions, according to Trap Aggressor’s investigation.
The US Treasury’s Office of Foreign Assets Control imposed sanctions on four entities and one vessel for violating the price cap on Russian oil, while also banning certain Russian diamond imports.
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.
Two Russian-Canadian nationals and a Brooklyn resident have been arrested in Manhattan on charges related to illegally exporting electronics to entities associated with Moscow's military, as alleged $10 million exports violated US sanctions against Russia. The trio used two Brooklyn-based companies as intermediaries to facilitate these shipments.
Despite an embargo, Russian oil exports are booming, funneling billions into Moscow's war machine while undermining efforts to hamper Putin's invasion of Ukraine.