5 Minute News

New U.S. Sanctions on Cyprus-based Companies Linked to Russia

January 10, 2025

The U.S. has imposed new sanctions on Russia, adding two Cyprus-based companies to its list. These companies are linked to Russia's energy sector and support the war in Ukraine. The U.S. ambassador to Cyprus stated that both countries are working together to assist Ukraine. The sanctioned companies are KRU OVERSEAS LIMITED and LAGOSMARINE LIMITED.