Sunday, 24 Aug 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > U.S. sanctions more Putin allies over Ukraine invasion
World

U.S. sanctions more Putin allies over Ukraine invasion

Enspirers | Editorial Board
Share
U.S. sanctions more Putin allies over Ukraine invasion
SHARE

The U.S. Department of Treasury announced new sanctions on Thursday against more Russian oligarchs and their family members and companies in retaliation for Moscow’s invasion of Ukraine.

Why it matters: Among those targeted are Alisher Usmanov, one of Russia’s wealthiest people, President Vladimir Putin spokesman Dmitry Peskov and businessman Yevgeniy Prigozhin, who is wanted by the FBI for interfering in the 2016 election.

Get market news worthy of your time with Axios Markets. Subscribe for free.

  • The new sanctions come after the Department of Justice announced the creation of a task force to freeze and seize the assets of Russian oligarchs who have aided Putin’s invasion, according to the New York Times.

What they’re saying: “These individuals have enriched themselves at the expense of the Russian people, and some have elevated their family members into high-ranking positions. Others sit atop Russia’s largest companies and are responsible for providing the resources necessary to support Putin’s invasion of Ukraine,” the U.S. Treasury said.

  • “These individuals and their family members will be cut off from the U.S. financial system, their assets in the United States will be frozen and their property will be blocked from use,” it added.

  • “The Department of Treasury will share financial intelligence and other evidence where appropriate with the Department of Justice to support criminal prosecutions and seizure of assets,” it added.

The big picture: On top of financial sanctions against Russian elites, several other countries are also either drafting plans to seize property owned by Russian oligarchs linked to Putin or have already started.

  • France Thursday seized a 280-foot yacht owned by Igor Sechin, CEO of Russia’s massive state oil and gas company and a longtime close ally and adviser of Putin’s.

  • The Department of State also announced visa restrictions against 19 oligarchs and 47 of their family members and close associates.

  • “These oligarchs are known to direct, authorize, fund, significantly support, or carry out malign activities in support of Russia’s destabilizing foreign policy,” the State Department said.

Go deeper:

Like this article? Get more from Axios and subscribe to Axios Markets for free.

Share This Article
Twitter Email Copy Link Print
Previous Article White House knocks down talk of banning Russian oil imports White House knocks down talk of banning Russian oil imports
Next Article Universal Studios Hollywood Will No Longer Require Masks, Proof of Vaccination Universal Studios Hollywood Will No Longer Require Masks, Proof of Vaccination

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

David Crosby Reveals He Has Retired From Touring: ‘I’m Too Old to Do It Anymore’

David Crosby’s days on the road are over. The 80-year-old musician declared in a newly…

By Enspirers | Editorial Board

What Are the Abortion Laws in Countries Around the World?

The Supreme Court’s elimination of the constitutional right to abortion, after nearly a half-century, has…

By Enspirers | Editorial Board

Kim Jong Un Swaps Trump With Putin in Fervid New Love Affair

Photo Illustration by Elizabeth Brockway/The Daily Beast/GettySEOUL—Eat your heart out, Donald Trump. Your ex-love Kim…

By Enspirers | Editorial Board

Putin says ‘no need’ for more massive strikes; Obama says lack of communication with Kremlin is concerning: Updates

Russian President Vladimir Putin said Friday there was "no need for massive strikes" now after…

By Enspirers | Editorial Board

You Might Also Like

‘A dangerous moment’: the emboldening of Britain’s far proper
World

‘A dangerous moment’: the emboldening of Britain’s far proper

By Enspirers | Editorial Board
Trout farm in Cotswolds vacationer hotspot accused of welfare abuses
World

Trout farm in Cotswolds vacationer hotspot accused of welfare abuses

By Enspirers | Editorial Board
UN-backed specialists declare famine in and round Gaza Metropolis
World

UN-backed specialists declare famine in and round Gaza Metropolis

By Enspirers | Editorial Board
Putin needs to ‘wriggle out’ of assembly, Zelenskyy claims, and says Russia doesn’t need to finish conflict – Europe stay
World

Putin needs to ‘wriggle out’ of assembly, Zelenskyy claims, and says Russia doesn’t need to finish conflict – Europe stay

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?