The US is considering penalties against additional Russian oligarchs, as well as their firms and assets, according to two individuals familiar with the situation, as Washington increases pressure on Russian President Vladimir Putin for Moscow’s invasion of Ukraine.
Some penalties might be issued as early as this week, according to one of the individuals, who added that specifics are still being worked out. According to the source, Washington is also preparing penalties on further members of Putin’s closest circle.
Washington has often stated that it is willing to impose further costs on affluent Russians. The US Justice Department formed a task force called as “KleptoCapture” on Wednesday with the goal of putting strain on Russia’s billionaires’ finances.