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US sanctions 150+ individuals and entities in latest Russia-related sweep

OFAC said it is taking action against third-country actors who materially support Russia’s war.

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Julie DiMauro

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Photo: Brendan Hoffman/Getty Images
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A major sanctions sweep by the US Treasury’s Office of Foreign Assets Control (OFAC) yesterday targeted 150 individuals and entities, with the regulator honing in on Russian military procurement networks that supply the country’s defense industrial base.

It said this was the latest group of companies and people (and by virtue

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