Key takeaways:

• The US has imposed limited sanctions on Gazprombank, Vnesheconomobank, Rosneft, Novatek and their subsidiaries.
• The designated banks and energy companies are not blocked, but US persons are restricted from engaging in transactions involving new equity and new long-term debt of the designated companies.
• The US has blocked the property of eight Russian arms manufacturers, including Kalashnikov Concern, as well as additional Russian government officials.