US to expand sanctions on Russian oligarchs, impose travel bans

WASHINGTON — The United States will impose new sanctions on Russian oligarchs today, a source familiar with the latest effort to pressure the Kremlin into stopping its invasion of Ukraine tells AFP.

The sanctions, first reported by Bloomberg, will match earlier EU measures against Russia’s wealthiest figures and expand them to include a travel ban to the US and also prevent oligarchs from transferring their assets to family members.

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