US, EU Hope to Inflict Financial Pain on Russia. Here Are the Key Sanctions in Place

Russia President Vladimir Putin and other top officials, institutions face financial penalties over the invasion of Ukraine

People gather in front of a damaged residential building at Koshytsa Street, a suburb of Kyiv, where a military shell allegedly hit, Feb. 25, 2022. Russian forces reached the outskirts of Kyiv on Friday as Ukrainian President Volodymyr Zelensky said the invading troops were targeting civilians and explosions could be heard in the besieged capital. Pre-dawn blasts in Kyiv set off a second day of violence after Russian President Vladimir Putin defied Western warnings to unleash a full-scale ground invasion and air assault on Thursday that quickly claimed dozens of lives and displaced at least 100,000 people.
Daniel Leal / AFP via Getty Images

When Russian troops invaded Ukraine, the United States and the European Union began imposing new sanctions on Russian leadership and the country's key institutions.

President Joe Biden warned that the measures would need time to work.

See a full chart detailing the global sanctions placed on Russia and Russian allies below.

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