International sanctions during the Russo-Ukrainian War

[10] Following Russia's invasion of Ukraine in February 2022, the United States, the EU,[11] and other countries[12] introduced or significantly expanded sanctions to include Vladimir Putin and other government officials.

[17] The Russian government responded in kind, with sanctions against some Canadian and American individuals and, in August 2014, with a total ban on food imports from the European Union, United States, Norway, Canada and Australia.

The EU at the same time clarified that the union "remains ready to reverse its decisions and reengage with Russia when it starts contributing actively and without ambiguities to finding a solution to the Ukrainian crisis".

[41]In response to the escalating War in Donbass, on 17 July 2014 the United States extended its transactions ban to two major Russian energy firms, Rosneft and Novatek, and to two banks, Gazprombank and Vnesheconombank.

The press release stated: "Deripaska has been investigated for money laundering, and has been accused of threatening the lives of business rivals, illegally wiretapping a government official, and taking part in extortion and racketeering.

[90] In August 2018, following the poisoning of Sergey Skripal, the U.S. Department of Commerce imposed further sanctions on dual-use exports to Russia which were deemed to be sensitive on national security grounds, including gas turbine engines, integrated circuits, and calibration equipment used in avionics.

[92] In March 2019, the United States imposed sanctions on persons and companies involved in the Russian shipbuilding industry in response to the Kerch Strait incident: Yaroslavsky Shipbuilding Plant, Zelenodolsk Shipyard Plant, AO Kontsern Okeanpribor, PAO Zvezda (Zvezda), AO Zavod Fiolent (Fiolent), GUP RK KTB Sudokompozit (Sudokompozit), LLC SK Consol-Stroi LTD and LLC Novye Proekty.

[100][101] On 28 February 2022, the Central Bank of Russia was blocked from accessing more than $400 billion in foreign-exchange reserves held abroad[102][103] and the EU imposed sanctions on several Russian oligarchs and politicians.

[119] The U.S. government has urged American companies to halt shipments to over 600 foreign entities amid concerns of diversion to Russia for use in its Ukraine invasion, part of ongoing efforts to restrict Russian access to Western technology.

[120] The most recent measures included transport measures, including a full ban on Russian trucks and semi-trailers, limitations on ship-to-ship transfer taking place in the Exclusive Economic Zone of a member state or within 12 nautical miles from the baseline of that member state's coast, a total ban on Russian pipeline oil transfers through the northern branch of the Druzhba pipeline to Germany and Poland, new export and export restrictions on Russia's defense materials as well as goods and technology suited for use in the aerospace industry and jet fuel and fuel additives.

[161] Following Swiss sanctions on Russia, Credit Suisse issued orders to destroy documents linking Russian oligarchs to yacht loans, a move which led to considerable criticism.

"[218] They also said: "To threaten companies from Germany, Austria and other European states with penalties on the U.S. market if they participate in natural gas projects such as Nord Stream 2 with Russia or finance them introduces a completely new and very negative quality into European-American relations.

This plan, aimed at easing the sanctions imposed on Russia, progressed from Putin and his advisors to Ukrainian politician Andrey Artemenko, Felix Sater, Michael Cohen, and Flynn, where he would have then presented it to Trump.

[241] Jeffrey Sonnenfeld and colleagues at the Yale School of Management have produced, and are keeping updated, a detailed list tracking those companies which have exited the Russian market, which have reduced their operations there, or which have chosen to remain.

On 27 May 2022, Russian Finance Minister Anton Siluanov stated that extra revenues from the sale of natural gas in the amount of €13.7 billion will be used to increase pension funds for retired individuals and families with children, as well for "special operations" in the Ukraine.

Western economists see long-lasting costs to the Russian economy from the exit of large foreign firms and brain drain, while Russia claims it has replaced those entities with domestic investments.

"[270][271] In October 2022, a government decree was approved, allowing a Russian state-run company to seize ExxonMobil's 30% stake in the Sakhalin-1 oil and gas project, and to decide whether foreign shareholders, including Japan's SODECO, can retain their participation.

Despite falling demand for gas and oil in Western Europe due to economic decline, Russia was able to at least partially compensate for its losses as a result of suspected sabotage in the Nord Stream 1 & 2 pipelines.

[309][310] As a result, the U.S. extended its secondary sanctions policies to a number of countries, including India, China, the United Arab Emirates, Turkey, Thailand, Malaysia, Switzerland, among others.

During a meeting with Italian Prime Minister Mario Draghi, Putin confirmed Russia's willingness to make "a significant contribution to overcoming the food crisis through the export of grain and fertilizer" but mentioned Western sanctions as the caveat.

[331] The facilitated exports of Ukrainian grain via the Black Sea amid the ongoing war has been described as "a beacon of hope" by the UN Secretary-General António Guterres during the signing ceremony in Istanbul, Turkey.

[353] Secretary-general of the United Nations António Guterres stated that "instead of hitting the brakes on the decarbonization of the global economy, now is the time to put the pedal to the metal towards a renewable energy future.

[364] The same day, Janet Yellen and Merrick Garland announced the formation of the Russian Elites, Proxies, and Oligarchs (REPO) Task Force with the participation of relevant ministries from Australia, Canada, the European Commission, Germany, Italy, France, Japan, the UK.

[365] Though it is a United States regulatory entity, the Financial Crimes Enforcement Network is a de facto international regulator due to the dominance of the American dollar and resultant use of U.S.-based correspondent accounts.

FIN-2022-Alert001 "FinCEN Advises Increased Vigilance for Potential Russian Sanctions Evasion Attempts"[366] FIN-2022-Alert002 "FinCEN Alert on Real Estate, Luxury Goods, and Other High Value Assets Involving Russian Elites, Oligarchs, and their Family Members"[367] The primary United States sanctions law, International Emergency Economic Powers Act (IEEPA), permits the President (via the Treasury) to block (or "freeze") a designated foreign person or entity's assets.

[391] In January 2015, it became clear that Russian authorities would not allow a Member of the European Parliament, Lithuanian MEP Gabrielius Landsbergis, to make a visit to Moscow due to political reasons.

[394] In March 2015, Latvian MEP Sandra Kalniete and Speaker of the Polish Senate Bogdan Borusewicz were both denied entry into Russia under the existing sanctions regime, and were thus unable to attend the funeral of murdered opposition politician Boris Nemtsov.

[399][400] In response to this publication, British politician Malcolm Rifkind (whose name was included on the Russian list) commented: "It shows we are making an impact because they wouldn't have reacted unless they felt very sore at what had happened.

In May 2024, the EU suspended the distribution of four media outlets it labeled "Kremlin-linked propaganda networks," targeting Voice of Europe, RIA news agency, and the Izvestia and Rossiyskaya Gazeta newspapers.

Politico's Editor-in-Chief for Europe, Jamil Anderlini, also criticized the move, calling for the lifting of restrictions and the release of Evan Gershkovich, who was set to stand trial in Russia on espionage charges.