In a statement, the
The sanctions are intended to "impose costs on named individuals who wield influence in the Russian government and those responsible for the deteriorating situation in Ukraine," the White House added. "We stand ready to use these authorities in a direct and targeted fashion as events warrant."
The sanctions also targeted Ukraine's ousted pro-Russia president,
Obama also signed an executive order that would allow the United States to impose further sanctions against Russian government officials and their associates and officials tied to the arms sector in Russia.
A senior administration official said the move "should serve as notice to Russia" that the U.S. will continue to "impose costs" on Russia if it doesn't reverse course in Ukraine.