US imposes sanctions on hundreds of targets in fresh Russia action

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) - The United States on Friday announced sanctions on more than 300 targets as Group of Seven leaders met in Japan, aiming to punish Russia for its invasion of Ukraine and intensifying one of the harshest sanctions efforts ever implemented.

The move, which targets Russia's sanctions evasion, future energy revenues and military-industrial supply chains, marks the latest sanctions and export controls targeting Moscow, which have already hit thousands of targets and imposed steep curbs on Russia.