US plans new sanctions on Russia

The Biden administration is planning to impose new export controls and sanctions on Russia. According to Bloomberg News, citing sources familiar with the matter, the Biden administration is planning to impose new export controls and sanctions on Russia. The new sanctions will target Russia’s defense and energy sectors as well as financial institutions. Numerous Russian business people and politicians will also be included in the scope of the sanctions. A spokesperson for the White House National Security Council did not respond to questions about the new sanctions package. Bloomberg News also reported that the European Union has proposed that Iranian companies that provide Russia with drones and other military equipment and technology be included in the new sanctions package.