U.S. Prepared to Expand Existing Russia Sanctions

The Obama administration is prepared to expand a new set of economic sanctions against Russia if the country doesn't take steps to end Ukraine's conflict with pro-Russia separatist fighters, a senior administration official said.

Censor.NET reports about it, citing The Wall Street Journal.

U.S. officials, who are looking to raise pressure on President Vladimir Putin, on Wednesday imposed a new type of sanctions which limit the financing activities of some of Russia's biggest companies, including state-controlled oil giant OAO Rosneft.

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If necessary, the Obama administration is ready to take more decisive steps that will have a broader impact on cooperation with Russia, the White House official said.