White House Press Secretary Jen Psaki explained the impacts of US sanctions against Russia in Washington, D.C., in Februrary. The latest round of sanctions targeted Russian a warship manufacturing corporation and Russia's largest diamond mining company.issued sanctions Thursday
against a shipbuilding corporation - one of Russia's largest state-owned enterprises - and the world's largest diamond mining company. The United States and 30 allies across the globe have come together to impose the largest range of economic restrictions in history against Russia for its invasion of and war against Ukraine. The State Department and U.S. Treasury are targeting two of Russia's largest state-owned enterprises:, which develops and constructs warships; Public Joint Stock Company Alrosa, a firm that the U.S. calls the world's largest diamond mining company.
Eight USC board members and 28 of the corporation's subsidiaries are also tied to the sanctions. According to a, the warships designed and constructed by USC have been used to attack Ukraine. Meanwhile, the Treasury's has blocked business with Alrosa, which is responsible for 90% of Russia's diamond mining capacity, and over a quarter of the world's diamond mining industry, according to the U.S.
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