Biden administration announces new sanctions against Russia ahead of G7 summit ...Middle East

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Biden administration announces new sanctions against Russia ahead of G7 summit
By Betsy Klein and Donald Judd, CNN (CNN) — President Joe Biden will arrive at the G7 summit in Italy with over 300 new sanctions aimed at further isolating and financially weakening Russia. The measures are “guided by G7 commitments to intensify the pressure on Russia,” according to the US Department of Treasury, and they mark the latest move to limit the Kremlin’s revenues and hamper Moscow’s ability to source materials for its war in Ukraine. The sanctions take aim at foreign financial institutions supporting Russia’s war, restrict Russia’s access to certain US software and information technology services, and target over 300 individuals and entities “whose products and services en

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