The European Union and the United States have imposed new sanctions against Russia in a bid to force the Kremlin to accept an immediate ceasefire in Ukraine.
The US announcement marks the first time the second administration of Donald Trump has introduced economic restrictions on Moscow.
Trump has been reluctant to take such a step, hoping that his Russian counterpart, Vladimir Putin, will engage in diplomacy and agree to end the war.
The decision represents a boost for Europeans, who have spent 10 months pleading with Washington to tighten the screws on the Russian economy, with no success until now.
The US sanct
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