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US imposes new sanctions on Russia

  • The United States has imposed further sanctions on Russia, targeting its key banks and energy and defense firms in response to what the US called “Russia’s direct military intervention and blatant efforts to destabilize Ukraine”.

    Russia’s biggest bank Sberbank and defense and technology company Rostec are among the entities affected by the new sanctions.

    Slamming the move, Russia’s foreign ministry described it as “another hostile step” taken by the US, and said “retaliatory measures” would quickly follow.

     

     

    Tagged as: US sanctions, Russia, banks, energy, defense, Ukraine, Sberbank, Rostec, Ukraine conflict, world news