U.S. government sanctions hundreds of Russian individuals, entities

The United States, in coordination with the G7 and other international partners, is strengthening the unprecedented global sanctions and other restrictive economic measures to further degrade the Russian Federation'a capacity to wage war against Ukraine.

That's according to the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), Ukrinform reports.

"From the beginning of President Putin's illegal and unprovoked war, our global coalition has focused on supporting Ukraine while degrading Russia's ability to conduct its invasion," said Secretary of the Treasury Janet Yellen.

According to her, today's actions "will further tighten the vise on Putin's ability to wage his barbaric invasion and will advance our global efforts to cut off Russian attempts to evade sanctions."

OFAC's sanctions on 22 individuals and 104 entities, with touchpoints in more than 20 countries or jurisdictions, target those attempting to circumvent or evade sanctions and other economic measures against Russia, the channels Russia uses to acquire critical technology, its future energy extraction capabilities, and Russia's financial services sector. Additionally, OFAC is expanding sanctions authorities to target new sectors of Russia's economy and sever Russia's access to new categories of services.

According the report, the U.S. Department of State also designated or identified as blocked property almost 200 individuals, entities, vessels, and aircraft. The U.S. Department of Commerce is significantly expanding the territorial reach and categories covered by its export controls and adding 71 entities to its Entity List to prevent Russia from accessing goods it needs for the battlefield.