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The United States has announced a wave of sanctions against hundreds of companies and individuals across Russia, Europe, Asia, and the Middle East for allegedly assisting in Russia’s war effort in Ukraine.

What’s the deal: The Treasury Department has announced sanctions targeting 60 Russian technology and defense firms, three Russian financial institutions, and international suppliers from Turkey, France, and Hong Kong. These entities are accused of aiding Russia’s “Promtekh,” a distributor of transportation equipment, and an ammunition procurement network linked to Italian and Turkish nationals. The sanctions also affect individuals and organizations involved in Russia’s energy, metals, and mining exports, drone production, and subsidiaries of Rosatom, Russia’s state-owned nuclear energy corporation. Additionally, those responsible for the forced relocation and re-identification of Ukrainian children as Russian are also targeted.

What the US is saying: In a statement, Treasury Deputy Secretary Wally Adeyemo said, “Russia has turned its economy into a tool in service of the Kremlin’s military industrial complex. Companies, financial institutions, and governments around the world need to ensure they are not supporting Russia’s military-industrial supply chains.”

Who was sanctioned:
Ammunition Procurement Network: Those implicated in assisting Russia’s ammunition network include Italian national Giulio Sfoglietti, who purchased “more than $150 million worth of military equipment, ammunition, and ordnance for the Russian military from potential suppliers in Africa, Asia, the Caucasus, Central Asia, and Iran.”

Swiss-Russian national Alexandre Orloff was sanctioned after working “with a Russian government covert procurement network for years to acquire high-value, foreign-made semiconductor-related equipment and technology for Russian military end-users. Orloff has also been part of a scheme to acquire specialized thermal cameras for a Russian end-user.”

Swiss national Anton Daniel Wyss was sanctioned for being a “major enabler of Russian cash flow in Switzerland.” According to the Treasury, Wyss obscures Russian foreign investments through Audax Consulting Trust Establishment

For a full list of those sanctioned, click here