U.S. Treasury Targets Russian Arctic LNG 2 Project

The U.S. Treasury announced sanctions on two companies associated with Russia's Arctic LNG 2 project, aiming to curb investment in Russian energy projects. These actions are part of broader efforts to counteract Russia's influence.

The U.S. Treasury announced on Thursday that it is imposing sanctions on two companies connected to Russia's Arctic LNG 2 project. These measures aim to hinder investment in Russian energy initiatives.

The sanctions come as part of a wider strategy to counter Russia's geopolitical influence. The Treasury's move represents a significant step in efforts to control the flow of money into strategic Russian sectors.

By targeting companies involved in the Arctic LNG 2 project, the U.S. aims to isolate critical components of Russia's energy infrastructure and disrupt its economic strength.

(With inputs from agencies.)