Russia

Russia is under significant international sanctions, particularly from the US, EU, and UK, due to its annexation of Crimea in 2014 and its invasion of Ukraine in 2022. These sanctions target key sectors of the Russian economy, including finance, energy and defence, as well as a range of individuals and entities connected to the Russian government and oligarchy.

US sanctions include restrictions on debt and equity transactions involving Russian financial institutions, as well as sectoral sanctions on major energy companies, which limit their ability to operate internationally. In addition, Russian oligarchs close to President Putin have faced personal sanctions, including asset freezes and travel bans.

The EU and UK have implemented similarly stringent measures, focusing on the freezing of assets, travel restrictions, and trade bans, particularly targeting the energy sector, which is crucial to the Russian economy. Additionally, countries such as Canada, Japan, and Australia have aligned with these sanctions, contributing to the global effort to isolate Russia economically and diplomatically. These measures have significantly curtailed Russia's access to international financial systems and markets, heightening pressure on the Russian government.