US Congress Passes New Sanctions Against Russia Over Ukraine War

The United States Congress passed a new package of sanctions targeting Russia in connection with its ongoing war against Ukraine. The measures focus on restricting Russia's energy export revenues and cutting off financial institutions that help fund the war effort.

Energy Sector Targeted

The sanctions package includes measures targeting Russian oil and gas exports, with provisions for secondary sanctions against third-country companies that continue to do business with designated Russian entities. Lawmakers emphasized that restricting energy revenues is essential to reducing Russia's war-fighting capacity.

Financial Measures

New restrictions on Russian banking institutions and individuals involved in circumventing existing sanctions are also part of the package. The bill passed with bipartisan support, reflecting broad congressional consensus on maintaining pressure on Moscow.