The sanctions list includes 58 individuals and 74 companies, with 67 Russian enterprises related to military technology.
Washington and its partners are considering additional sanctions if the parties do not observe a ceasefire, with political and technical negotiations between Europe and the U.S. intensifying since last week, Reuters' source said.
Despite the Kremlin's announcement of a May 8–11 truce, heavy fighting continued in multiple regions throughout the front line.
The Kyiv Independent’s contributor Ignatius Ivlev-Yorke spent a day with a mobile team from the State Emergency Service in Nikopol in the south of Ukraine as they responded to relentless drone, artillery, and mortar strikes from Russian forces just across the Dnipro River. Nikopol is located across from the Russian-occupied Zaporizhzhia Nuclear Power Plant in the city of Enerhodar.
Peter Szijjarto's announcement came after Ukraine's Security Service (SBU) allegedly dismantled a Hungarian military intelligence network operating in Zakarpattia Oblast.
Moscow and Washington discuss the potential resumption of Russian gas supplies to Europe, among other issues related to the peaceful settlement of Russia's war in Ukraine, Russian presidential aide Yuri Ushakov confirmed to the Russian state-run Interfax news agency.
"This is a historic decision, as weapons for Ukraine will be purchased at the expense of the proceeds from frozen Russian assets through the European Peace Fund," Denys Shmyhal said.
Kurt Volker said that now "there is more alignment" between Ukraine and the U.S. under the Trump Administration than at the beginning of 2025.
The approval marks a key step in international efforts to hold Moscow accountable for what is considered the gravest violation of international law committed against Ukraine.
US allocates $5.4 million confiscated from Russian oligarch to help rebuild Ukraine
Prosecutor General Andriy Kostin reported on Feb. 3 that the U.S. had authorized “the first-ever transfer of the confiscated assets in the amount of $5.4 million for rebuilding Ukraine.”
The transfer was also announced by U.S. Attorney General Merrick Garland following his meeting with Kostin in the U.S., as reported by CNN.
“These forfeited assets follow the announcement I made last April of the indictment of designated Russian oligarch Konstantin Malofeyev on charges of sanctions evasions,” Garland said.
Malofeyev, the owner of Tsargrad TV channel, has been accused of funding Russian proxies in Russian-occupied Crimea in 2014.
In December 2022, the U.S. Senate approved an amendment allowing the transfer of seized assets belonging to Russian oligarchs to the people of Ukraine.
A civil forfeiture complaint against Malofeyev was first filed in the U.S. on Nov. 30, 2022, in a move to target individuals with close ties to Russian President Vladimir Putin.
The U.S. announced sanctions which targeted over 40 individuals and entities associated with Malofeyev, earlier in April 2022. Back then, the sanctions included “organizations whose primary mission is to facilitate sanctions evasion for Russian entities.”
“Delighted to see the new legislation aimed at seizing the Russian oligarchs’ illicit assets in action,” Kostin wrote on Twitter on Feb. 3.
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