The Biden administration is planning to impose new export controls and a fresh round of sanctions on Russia, targeting key industries, Bloomberg News reported on Sunday, citing people familiar with the matter.
The new sanctions will target Russia's defense and energy sectors, financial institutions and several individuals, the report added.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!