Secretary of State Antony Blinken has announced in a press statement that the United States has imposed “blocking sanctions” on two Russian state-owned enterprises linked to the “war in Ukraine."

Accordingly, these sanctions are aimed against Russia's largest shipbuilding company, the United Shipbuilding Corporation (USC), “as well as 28 USC subsidiaries and eight members of the USC board of directors; and Public Joint Stock Company Alrosa.”

"USC is one of Russia’s largest state-owned enterprises, and it developed and constructed the warships that have bombarded Ukraine’s cities.  Alrosa is a diamond-mining company, controlled by the Russian government, the proceeds of which help to finance the Russian government’s war and atrocities against Ukraine,” the press statement added.