Washington is inching closer to imposing a tighter financial grip on Russia. The next round of sanctions could target more banks and the heart of the Russian economy – the energy sector. In sights is Gazprom, Russia’s largest natural gas producer.
Two members of the US Senate Committee on Foreign Relations on Sunday called for more stringent business-aimed sanctions against Russia, as tension in Ukraine continues to test diplomacy between Washington and Moscow.
US Senator Bob Corker (R-Tennessee), said the US should apply pressure on Gazprom and other lucrative financial arms of the state if Russia doesn’t withdraw troops from the Ukrainian border.