In a new round of sanctions, the White House is targeting Russia's energy and technology industries, Bloomberg reports. The Obama administration hopes the sanctions will pressure Moscow over Ukraine's crisis. The sanctions would effect companies that produce and deliver natural gas and crude oil, as well as their refined products.
However, two people briefed on the White House's plans told Bloomberg that the EU may not agree to the sanctions out of concern that penalties against Russia will harm the economy. One of the sources also told Bloomberg that the U.S. has discussed the proposed sanctions with Canada, the U.K., and Australia.
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