Latest Treasury Sanctions Take Aim at Russia's Revenue Sources, Including Mining Sector
Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced further sanctions to inhibit Russia's supplies and revenue-generating sources that aid in its war efforts against Ukraine.
The designations made today by OFAC and the Department of State are part of the commitments that G7 Leaders made in February and May of this year.
The latest sanctions seek to restrict Russia’s access to products that support its military and war efforts, reduce Russia’s revenue from the metals and mining sector, undermine its future energy capabilities...
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