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U.S. sanctions hit over 120 targets supporting Russia's invasion of Ukraine

News Snapshot:

The United States on Wednesday imposed sanctions on over 120 targets to squeeze Russia for its war in Ukraine, pursuing entities linked to state-held energy company Rosatom and firms based in partner nations like Turkey in a sign of stepped-up enforcement. The sanctions, imposed by the Treasury and State departments in concert with Britain, hit entities and individuals in over 20 nations and jurisdictions, including a Russian private military company, a China-based firm and a Russian-owned bank in Hungary. The Treasury said it imposed sanctions on Russian financial facilitators and sanctions evaders around the world, including in the United Arab…

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