Biden official says more sanctions are needed to counter Russia war economy

Daleep Singh said that sanctioning third parties that trade with Russia is needed, in addition to seizing assets for Ukraine

Russia's shift towards a full-fledged war economy requires the west to extend its sanctions policy, including by sanctioning third-party entities that trade with Moscow, a senior White House official signalled on Tuesday.

Daleep Singh, deputy national security adviser for international economics, said the United States would consider export controls to prevent China-Russia trade that threatens American security and take further action to increase the cost of Russia using a shadow fleet to evade the G7 countries' oil price cap.