Apart from the seven oligarchs punished, 12 companies that they own or control were also sanctioned, including B-Finance based in the British Virgin Islands, Basic Element, EN+ Group, EuroSibEnergo (all linked to Deripaska), Gazprom Burenie, and Renova Group.
Among the companies targeted by the United States included GAZ Group, Russia's leading manufacturer of commercial vehicles owned by Deripaska along with Russian Machines and Renova Group comprised of investment funds and management companies operating in the energy sector in Russia.
The list of targets includes Igor Rotenberg and Kirill Shamlov who are key figures in Russia's energy industry; the weapons trading company Rosoboronexport; and aluminum magnate Oleg Deripaska. Senior Trump administration officials cast it as part of a concerted, ongoing effort to push back on Putin, emphasizing that since Trump took office a year ago, the us has punished 189 Russia-related people and entities with sanctions.
Deripaska has been accused of threatening to kill business rivals, wiretapping government officials, money laundering, extortion, and racketeering.
What do you think of the new sanctions against Russia's elites?
These entities have been punished for their "malign activity around the world", the US Treasury Department said. Shamalov married Putin's youngest daughter Katerina in 2013, multiple sources who were at the wedding told Reuters.
"Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government's destabilizing activities", Mnuchin said in a statement.
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Earlier, the United States of America imposed sanctions against nine Russian companies, and the question on sanctions against 12 companies was specified. The measures included the freezing of assets.
Instead, Trump Jr.'s emails described the desire to reach the Trump campaign that originated with a Russian official - federal prosecutor Yuri Chaika - but which traveled along a path of cutouts: Chaika talked to Donald Trump's onetime business associate, who then spoke to his son, who then spoke to his publicist, who then contacted Trump Jr.
It was not clear whether any of those hit have significant holdings in the USA that could be seized, and if they did previously, they may have already moved their money elsewhere in anticipation of the sanctions.
Another senior national-security official said the administration is preparing a series of actions to counter Russian aggression, some of which would be publicized, while others would be covert.
Also targeted is aluminium magnate Oleg Deripaska, a figure in the Russian Federation investigation over his ties to former Trump campaign chairman Paul Manafort.
Word also came Friday morning that Sergei Skripal, the ex-Russian spy Putin's regime attempted to murder in London by exposing him to a nerve agent, is responding well to treatment and improving rapidly.
Trump angered many members of Congress by failing for months to implement sanctions on Russian Federation that lawmakers passed almost unanimously previous year.