City
Epaper

US sanctions target Russian oil sector, 91 military-linked entities: Commerce Dept

By ANI | Updated: March 4, 2022 21:45 IST

The United States is imposing export controls against Russia's oil refining sector and targeting 91 entities across 10 countries that support the Russian military in response to the latter's operation in Ukraine, the Commerce Department said on Friday.

Open in App

The United States is imposing export controls against Russia's oil refining sector and targeting 91 entities across 10 countries that support the Russian military in response to the latter's operation in Ukraine, the Commerce Department said on Friday.

"The new regulations target Russia's oil refining sector with new stringent export controls and identify 91 entities that support Russian military activities. These actions will further restrict access to U.S. commodities, software, and technology as part of our ongoing efforts to degrade Russia's ability to acquire the items it needs to sustain its military aggression," the Commerce Department said in a press release.

The US also added 91 entities in 10 countries to the Commerce Department's Entity List based upon their involvement in, contributions to, or support of the Russian security services, military and defence sectors, the release said.

"These entities are located in Russia (81), United Kingdom (3), Estonia (3), Spain (2), Malta (2), Kazakhstan (1), Latvia (1), Belize (1), Singapore (1), and Slovakia (1) (NOTE: Total entries is 96 as some entities operate in multiple countries)," the release added.

Among those sanctioned are Russian Space Systems, Amur Shipbuilding Factory, other shipyards, scientific research institutes and other companies.

Last week, Russia launched a "special operation" in Ukraine in response to calls from the Donetsk and Luhansk people's republics to defend themselves against intensifying attacks by Ukrainian troops. The Russian Defense Ministry said the operation is targeting Ukrainian military infrastructure only and the civilian population is not in danger.

In response, the US and its allies have rolled out comprehensive sanctions, including restrictions on the Russian central bank, export control measures, SWIFT cutoff for select banks, and closure of airspace to all Russian flights. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: United StatesThe Commerce DepartmentCommerce DepartmentThe statesEuaFar-westSuaUnited states stateDonetskU.s.a.
Open in App

Related Stories

InternationalIran Launches Missiles Against US Bases in Iraq & Qatar, No Major Damage Reported (VIDEO)

InternationalPM Narendra Modi Dials Iran President, Calls for De-escalation Amid US Strikes on Nuclear Sites

InternationalU.S. Conducts Major Airstrikes on Iran’s 3 Nuclear Sites in Coordinated Military Operation

InternationalIsrael-Iran Conflict: From Sirens to Strikes Here Are the Top 10 Key Updates

InternationalDonald Trump Suspends Visas for Incoming Harvard International Students Over National Security Concerns

International Realted Stories

InternationalIsraeli envoy Reuven Azar thanks US for support in neutralising Iranian threats

International"Israel has refrained from additional attacks," says Israeli PMO amid reports of ceasefire violations

InternationalUN chief Antonio Guterres welcomes ceasefire between Iran and Israel

International"China can now continue to purchase oil from Iran": Trump after Iran-Israel ceasefire deal

InternationalSambhali Trust urges global solidarity against terrorism at UNHRC