Sanctions Against Russia: News

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Global grain prices rise as Russia-Ukraine war escalates in Black Sea

Global grain prices are rising steeply as Ukraine and Russia intensify attacks upon one another's main export infrastructure on the Black and Azov seas — leaving both countries struggling to find alternative outlets with the harvest in full swing. Russia and Ukraine are both major grain producers, with the bulk of their exports bound for the Global South — particularly the Middle East and Africa — via the Black Sea, through which around a third of the world's supply passes. The obstruction of

Russia sanctions bill faces make-or-break moment before US midterms, Ukraine says

It remains unclear whether the U.S. House of Representatives will vote next week on sweeping legislation that would impose tariffs of up to 100% on countries buying Russian oil and gas, Ukraine's sanctions commissioner Vladyslav Vlasiuk told reporters on Sept. 10. The bill faces a narrow window for consideration before the Nov. 3 midterm elections. The House's final pre-election session begins Sept. 14 and will last only four days. If lawmakers do not take up the legislation next week, its cons

About Sanctions against Russia

Sanctions against Russia include over 15,000 individual and entity designations imposed by Western countries following the full-scale invasion launched in February 2022. Measures target Russia's central bank, energy sector, technology imports, financial institutions, and individuals supporting the war. The European Union, United States, United Kingdom, and allies continue to coordinate sanctions.

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