Sanctions

U.S. announces Iranian sanctions after missile attacks

By Ellen Knickmeyer, Associated Press

The United States sanctioned Iranian defense companies Wednesday after a spate of ballistic missile attacks on targets in Iraq and the Gulf.

Israel grapples with fate of oligarchs as Ukraine war rages

By Josef Federman, Ilan Ben Zion, Associated Press

Israel is grappling with how to deal with dozens of Jewish Russian oligarchs as Western nations step up sanctions on businesspeople with ties to Russian President Vladimir Putin.

British sanctions on Roman Abramovich leads to restrictions on Chelsea Football Club

By Rob Harris, Associated Press

Unprecedented restrictions have been placed on Chelsea’s ability to operate by the British government after owner Roman Abramovich is targeted in sanctions.

Mastercard, Visa suspend operations in Russia after invasion

By Associated Press

Mastercard and Visa are suspending their operations in Russia, the companies said Saturday, in the latest blow to the country’s financial system after its invasion of Ukraine.

Cease-fire attempt in Ukraine fails amid Russian shelling

By Associated Press

Ukrainian officials said Russian artillery fire and airstrikes had prevented residents from leaving before the agreed-to evacuations got underway. …

Russia takes steps to cushion itself from international economic punishments over Ukraine invasion

By Associated Press

Russia’s Prime Minister Mikhail Mishustin said Tuesday the government has readied measures to temporarily restrict foreign investors from divesting Russian assets, saying the step would help them make “a considered decision” rather than succumb to political pressure of sanctions.

Oil prices surge above $100 a barrel as war on Ukraine rages

By Damian J. Troise, Alex Veiga, Associated Press

The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.

Russians line up at banks as currency plummets in face of sanctions

By Vladimir Isachenkov, David McHugh, Ken Sweet, Associated Press

Ordinary Russians are facing the prospect of higher prices as Western sanctions over the invasion of Ukraine sent the ruble plummeting.

Sanctions, protests: How Putin's war is impacting ordinary Russians

By PBS NewsHour

Hundreds of Russians have been arrested for demonstrating against Ukraine’s invasion across the country. Meanwhile, sanctions aimed at crippling Russia’s economy are slowly having an impact: the ruble is fluctuating, people are queuing up outside ATMs and prices are rising.

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In Russia, economic consequences of invasion begin to emerge

By Associated Press

Videos from Russia showed long lines of Russians trying to withdraw cash from ATMs, while the Russian Central Bank issued a statement calling for calm, in an effort to avoid bank runs.