• US announces new sanctions on Russia's Duma, oligarchs and defense sector

Market news

24 March 2022

US announces new sanctions on Russia's Duma, oligarchs and defense sector

According to a US official on Thursday, the US announced new sanctions on Russia's state Duma as an entity and its 328 members, reported Reuters. The US also announced new sanctions on Russian oligarchs Herman Gref, the head of Sberbank and Gennady Timchenko, as well as the 17 board members of the Russian financial institution Sovcombank. The 48 largest Russian state-owned defense enterprises that form a part of Russia's defense industrial base were all also sanctioned, the US official announced. 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.