The United States of America has ramp up sanctions against Russia post Ukraine invasion and Navalny’s death, with over 500 new measures targeting key sectors and individuals.

In response to Russia’s incursion into Ukraine and the demise of opposition figure Alexei Navalny, the US announces an extensive list of sanctions. Among the targets are Russia’s primary card payment system, military and financial institutions, and individuals implicated in Navalny’s incarceration.

EU aligns with the US by imposing restrictions on access to military technology.

Reflecting on Navalny’s sudden demise, President Joe Biden, who met Navalny’s widow and daughter in San Francisco, unequivocally holds Russian President Vladimir Putin accountable. Biden declares, “There can be no doubt” regarding Putin’s culpability in Navalny’s death.

The newly introduced US sanctions extend to nearly 100 firms and individuals, along with restrictions on exports. Notably, entities facilitating Russia’s military operations, energy development, and collaborations with Iran on drone technology are among the targets.

Additionally, sanctions encompass individuals and entities outside Russia, including those in China, the UAE, Vietnam, and Liechtenstein, linked to businesses supplying materials to Russia’s military.

While Russia remains the world’s most sanctioned country, experts suggest the impact on its economy may be limited due to prior adaptations to circumvent sanctions.

In a statement, President Biden emphasizes the need to hold Putin accountable for his actions, stating, “These new sanctions will ensure Putin pays an even steeper price for his aggression abroad and repression at home.”

With over 4,000 entities now sanctioned, the announcement coincides with the second anniversary of Russia’s full-scale invasion of Ukraine. Biden underscores the imperative of holding Putin accountable, warning of dire consequences if left unchecked: “Two years ago, he tried to wipe Ukraine off the map. If Putin does not pay the price for his death and destruction, he will keep going.”