US Imposes New Sanctions on Dozens of Russian Financial Institutions

The sanctions affect Russia’s largest remaining unsanctioned bank, Gazprombank, a major channel for Russian fossil fuel purchases.

The Treasury Department building is seen at dusk in Washington on June 6, 2019. Patrick Semansky/AP Photo

The United States introduced sanctions on Nov. 21 against nearly 100 Russian financial institutions and 15 individuals in hopes of further constraining Moscow’s ability to wage war in Ukraine.

The Treasury Department listed 54 Russian banks and 41 securities registrars for sanctions.