Russia Sanctions Tracker — 2022–2026
A comprehensive overview of international sanctions imposed on Russia and Belarus in response to the full-scale invasion of Ukraine. Covers major sanctioning blocs, key measures, frozen assets, and milestone events.
Key Sanction Milestones
US, EU, UK impose first round — targeting banks, elites, defence firms within hours of invasion
G7 agrees to remove select Russian banks from SWIFT international payment system
$300B in Russian sovereign reserves frozen by G7 — preventing currency defence
EU, UK, US, Canada close airspace to Russian aircraft — Aeroflot effectively grounded internationally
EU bans Russian coal imports — first direct energy sanction
EU agrees phased ban on Russian seaborne oil — takes effect December 2022
G7+Australia impose price cap on Russian crude oil — limiting revenue while keeping supply flowing
EU/UK ban on providing accounting, legal, PR services to Russian entities
G7 agrees to deploy $50B loan against interest from frozen Russian sovereign assets to Ukraine
EU 13th–14th packages — targeting sanctions evasion, shadow fleet, and Iranian drone transfers
Expanded secondary sanctions against third-country entities enabling evasion; tighter shadow fleet controls; additional Russian bank restrictions
Sanctions by Country / Bloc
United States
- •OFAC SDN list expanded with 4,500+ Russian/Belarusian entities and individuals
- •Export controls blocking 57% of Russia's high-tech imports
- •Full blocking sanctions on major Russian banks (Sberbank, VTB, Gazprombank)
- •Secondary sanctions risk for non-US entities transacting with sanctioned parties
- •Frozen $300B+ in Russian sovereign assets (coordinated G7 action)
- •Luxury goods, aircraft parts, and semiconductor export restrictions
European Union
- •15 sanction packages adopted (as of early 2026)
- •SWIFT disconnection: 10 Russian banks cut off
- •Oil price cap ($60/barrel) coordinated with G7
- •Import ban on Russian coal, steel, iron, timber
- •Partial oil embargo — seaborne crude since Dec 2022
- •Aviation ban: Russian airlines and aircraft in EU airspace
- •Russian state media banned (RT, Sputnik)
United Kingdom
- •Post-Brexit independent sanctions regime aligned with US/EU
- •Full asset freeze on sanctioned individuals and entities
- •Oligarch yacht and property seizures (£18B+)
- •Ban on Russian aircraft in UK airspace
- •Import bans on gold, steel, coal, oil
- •Professional services ban (accounting, legal, PR) for Russia
Canada
- •Special Economic Measures Act (SEMA) expanded
- •Import bans on Russian goods including energy and steel
- •Export restrictions on industrial goods and technology
- •Travel bans on hundreds of Russian officials and oligarchs
- •Ban on Russian aircraft in Canadian airspace
Japan
- •Asset freezes on Russian individuals and organizations
- •Export ban on semiconductors, electronic components, military goods
- •Import ban on coal, oil, and luxury goods
- •SWIFT exclusion support for Russian banks
- •Suspension of most-favored-nation trade status
Australia
- •Autonomous sanctions on ~1,000 individuals and entities
- •Export controls on military-related goods
- •Import bans on Russian coal, fuel oil, and goods
- •Travel bans on Russian government officials and oligarchs
- •Financial sanctions targeting major Russian banks
Switzerland
- •Adopted EU sanctions regime — departure from historic neutrality
- •CHF 8.8B in frozen Russian assets (largest per capita)
- •Export controls on dual-use goods
- •Travel bans and asset freezes aligned with EU lists
- •Ban on luxury goods and gold imports
Sanctions Evasion & Enforcement Challenges
Russia has used third-country intermediaries (Turkey, UAE, China, Kazakhstan, Armenia) to circumvent export controls. The EU's 13th–14th packages specifically targeted this "shadow network." A "shadow fleet" of 400–600 aging tankers carries Russian oil outside G7 maritime services. OFAC and EU have imposed secondary sanctions on entities facilitating evasion.
Frequently Asked Questions
What sanctions have been imposed on Russia since 2022?
Since February 2022, Western nations have imposed the largest sanctions package in history against a major economy. Key measures include: removal of major Russian banks from SWIFT, freezing ~$300 billion in Russian sovereign assets, banning Russian oil imports (EU), capping Russian oil prices at $60/barrel (G7), export controls on advanced technology and semiconductors, and individual sanctions on over 1,500 Russian officials and oligarchs.
Have sanctions stopped Russia's war?
Sanctions have significantly damaged Russia's economy — the ruble fell sharply, inflation spiked, and long-term access to technology and capital markets was cut. However, Russia adapted through import substitution, parallel import routes, and increased trade with China, India, Turkey and UAE. Russia's defense industry continued operating, funded by hydrocarbon revenues. Economists estimate sanctions will have a cumulative $1 trillion+ cost to Russia by 2030.
What is the Russian oil price cap?
The G7 and Australia implemented a $60/barrel price cap on Russian crude oil in December 2022. Western shipping, insurance, and financial services cannot be used for Russian oil sold above this price. The cap aimed to keep Russian oil flowing to global markets (avoiding supply shock) while limiting Russia's revenue. Enforcement has been imperfect — Russia uses a "shadow fleet" of older tankers with non-Western insurance to circumvent the cap.
Which countries are NOT sanctioning Russia?
China, India, Turkey, UAE, and many Global South nations have not joined Western sanctions. India has become the largest buyer of discounted Russian oil. China provides dual-use components that reach Russia's military industry. Turkey continues trade while also selling Bayraktar drones to Ukraine. These gaps allow Russia to earn revenue and access goods despite Western restrictions, reducing the effectiveness of the sanctions regime.
Can frozen Russian assets be seized and given to Ukraine?
Approximately $300 billion in Russian sovereign assets are frozen in Western institutions. In 2024, G7 nations agreed to use the windfall profits from these immobilized assets (~$3B/year in interest) to back a $50B extraordinary loan to Ukraine. Full confiscation of the principal faces legal hurdles under international law (sovereign immunity) but legislation has been introduced in the US and EU enabling it under specific conditions.