The United States has expanded its sanctions regime against individuals and entities linked to Russia’s ongoing military operations in Ukraine. On Wednesday, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced that multiple new names have been added to the Specially Designated Nationals (SDN) list, resulting in the immediate freezing of their assets.

The sanctions target five individuals—three from Russia, one from Afghanistan, and one from Iran—along with four entities. Among the companies sanctioned is AM Asia M6 Ltd., based in Hong Kong, which was identified as supporting activities that contribute to Russia’s war effort in Ukraine.

This development comes as President Donald Trump’s administration balances punitive measures with diplomatic efforts. Reports suggest that while Trump is exploring the possibility of lifting some sanctions as part of a broader strategy to negotiate a ceasefire in Ukraine, he also believes that Russian President Vladimir Putin is deliberately delaying meaningful dialogue.

The administration’s strategy appears to hinge on increasing pressure through targeted economic measures while keeping channels open for negotiation. By imposing new sanctions while floating the idea of selective relief, the US aims to both penalize and incentivize Russia in the peace process.

“These sanctions reinforce our commitment to holding those accountable who enable Russia’s aggression,” a Treasury spokesperson said. The move sends a clear signal that the United States will continue to target financial and logistical support systems that sustain Moscow’s military efforts.

Meanwhile, discussions about a possible ceasefire are ongoing, though no major breakthroughs have been reported. The designation of these individuals and companies could potentially serve as a bargaining tool in upcoming diplomatic engagements between Washington and Moscow.

As the war continues with no end in sight, the international community watches closely to see whether sanctions, diplomacy, or a combination of both will bring the warring parties to the table.