The U.S. measures are intended to "significantly restrict Russia's access to products necessary for its combat capabilities," a senior official in Joe Biden's administration said.
The G7 will work to disrupt Russian military supplies, close loopholes in sanctions circumvention, further reduce its dependence on Russian energy, and commit to freezing Russian assets until the end of the war, a source said. A European Union official said on Thursday that the G7 talks would focus on Russia's diamond industry, which brings billions of dollars to Moscow every year.