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US places sanctions on Gazprombank executives for first time

Professional services to Russia banned while Europe struggles to agree oil curbs and UK adds to trade measures

The US sought to tighten sanctions on Russia on Sunday by blacklisting a swath of financial executives and restricting the provision of professional services, even as the EU struggled to finalise its latest package of penalties.

The US targeted executives at Gazprombank for the first time, while also barring companies from providing Russia with corporate services such as accounting and consulting.

However, diplomats said Hungary continued to hold back progress in Brussels on the EU’s proposed sixth package of sanctions, which will include a phased-in oil embargo aimed at squeezing Moscow’s sources of cash.

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