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Western allies hit Russia with sanctions on anniversary of Ukraine invasion

US to blacklist dozens of companies from countries including China, while EU and Japan prepare fresh curbs

Ukraine’s western allies are unveiling a swath of new sanctions targeting Russia’s military, industrial capacity and financial sector as they vow to increase pressure on Vladimir Putin.

As Ukraine marked the first anniversary of the invasion on Friday, the UK and US announced new measures against hundreds of groups and individuals including Russian banks and defence companies, while the EU and Japan prepared their own sanctions hitting Moscow’s war economy.

G7 leaders will hold a virtual summit with President Volodymyr Zelenskyy on Friday.

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