The Biden administration is planning to impose new sanctions on Russian oligarchs and members of their families as soon as Thursday, sources familiar with the matter said, his latest attempt to squeeze President Vladimir Putin as the invasion of Ukraine advances.
The sanctions are expected to loosely follow a list of oligarchs sanctioned by the European Union earlier this week, though won't be identical, one person said. A number of the same individuals will be sanctioned by the US.The US package, however, will be more expansive, including travel bans and targeting family members. Biden has already applied sanctions to a number of top Russians close to the Kremlin, along with their adult children.
Energy Secretary Jennifer Granholm worked this week to coordinate the release of 30 million barrels from the US Strategic Petroleum Reserve, along with other nations. Homeland Security Secretary Alejandro Mayorkas will have oversight of potential temporary protection status for Ukrainian refugees, along with ensuring there are no spillover security concerns within the US.
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