U.S. Treasury Secretary "Sanctions against Russia will be significantly strengthened"

The United States is set to significantly strengthen the level of sanctions against Russia. The U.S. Treasury Department has indicated that this measure is expected to cover a broader scope than the existing sanctions regime.

On the 22nd (local time), according to economic news channel Walter Bloomberg (Walter Bloomberg), Scott Bessent (Scott Bessent), U.S. Treasury Secretary, said, "The level of sanctions against Russia will be significantly raised," and added, "The sanctions details will be announced today or tomorrow."

The measure is reported to aim at cutting off funding for Russia's war and strengthening controls on diverted imports through third countries. The Treasury is reportedly reviewing additional sanctions focused particularly on strategic industry sectors such as energy, finance, and technology.

Experts analyzed that, "If the United States further strengthens sanctions on Russia, cooperation from European and Asian allies will become important," and that, "the possibility of increased volatility in global financial markets cannot be ruled out."