The U.S. is imposing more than 500 new sanctions targeting Russia, marking two years since President Vladimir Putin ordered the full-scale invasion of Ukraine and responding to the death of Russian opposition figure Alexei Navalny.
“If Putin does not pay the price for his death and destruction, he will keep going,” President Biden said in a statement announcing the sanctions. “And the costs to the United States—along with our NATO Allies and partners in Europe and around the world—will rise.”
The U.S., along with international partners, have sought to use sanctions to financially squeeze Putin’s ability to wage war on Ukraine — pairing them with military, economic and humanitarian support to Ukraine to help the country push back against the Russian invading forces.