U.S. Sanctions Russian Duma and Defense Companies

The White House and the State Department on March 24 announced full blocking sanctions on more than 400 individuals and entities, including members of the Russian legislature, defense companies and their leadership, and additional Russian elites. The targets are "key enablers of the invasion" of Ukraine, OFAC said in a press release that accompanied the full list of sanctioned individuals and entities.

The White House also announced that it would, in coordination with other G7 members and the EU, continue to work jointly to "blunt Russia’s ability to deploy its international reserves" and clarified that transactions involving gold related to the Russian central bank are covered by existing sanctions.