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The US administration has completed work on a new package of economic sanctions against Russia aimed at increasing pressure to end the war in Ukraine. Reuters reports this with reference to sources in the White House.
According to an administration official, the new sanctions target energy giant Gazprom, as well as major natural resources companies and the banking sector. The decision to impose the sanctions is currently pending approval by President Donald Trump, who is reportedly expressing frustration at the disregard of his calls for a ceasefire by Russian President Vladimir Putin.
“The US National Security Council is trying to agree on a set of stronger punitive actions against Russia, and it has to be signed by Trump,” said an official familiar with the matter.
In March, President Trump announced the possibility of imposing wide-ranging sanctions, including banking sanctions, against Russia, which would remain in place until a ceasefire and a final peace agreement are reached.
This move reflects Washington’s desire to increase economic pressure on Moscow, in particular through key sectors that support the Russian military machine.
