The White House, through officials like Yellen and Singh, is intensifying efforts to impose tougher sanctions on banks aiding Russia. They are also considering measures to prevent China-Russia trade that threatens collective security. The US aims to close Ukraine's financing gap by mobilizing frozen Russian assets and increase costs for Russia using a shadow fleet to evade G7 oil price cap.
🔵 US WEIGHS ADDITIONAL SANCTION STEPS AS RUSSIA SHIFTS WAR FOOTING, WHITE HOUSE SAYS Full Story → https://t.co/p7cE5u4Yu0 The United States and its partners are prepared to use sanctions and export controls to prevent China-Russia trade that threatens their security amid the… https://t.co/aoWJFtAE5f
⚠️ WHITE HOUSE'S SINGH: **G7 SUMMIT REPRESENTS BEST OPPORTUNITY TO CLOSE UKRAINE'S FINANCING GAP BY MOBILIZING FROZEN RUSSIAN ASSETS **GREATEST DANGER WOULD BE TO LEAVE UKRAINE INSUFFICIENTLY FINANCED TO FIGHT FOR ITS FREEDOM
WHITE HOUSE'S SINGH: G7 SUMMIT REPRESENTS BEST OPPORTUNITY TO CLOSE UKRAINE'S FINANCING GAP BY MOBILIZING FROZEN RUSSIAN ASSETS