On May 19, 2023, the Biden Administration, in coordination with leaders of the Group of Seven (G7), announced new sanctions and restrictions on 300 individuals, entities, vessels, and aircraft tied to Russia following the G7 leaders' commitment t.
The Department of Commerce's Bureau of Industry and Security ("BIS") released an Interim Final Rule ("IFR") on September 9, 2022 changing the Export Administration Regulations' ("EAR").