BY TIMOTHY GARDNER AND DAPHNE PSALEDAKIS
THE United States imposed new sanctions on Russia’s Gazprombank, the Treasury Department said, as President Joe Biden steps up actions to punish Moscow for its invasion of Ukraine before he leaves office in January.
The move, which wields the department’s most powerful sanctions tool, means Gazprombank cannot handle any new energy-related transactions that touch the U.S. financial system, bans its trade with Americans and freezes its U.S. assets.
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