U.S. Lifts Sanctions on Firms That Supplied Russian Military

The U.S. Treasury Department has quietly removed sanctions from several foreign companies previously accused of supplying Russia's military. The firms, based in Cyprus, Dubai, Turkey, and Finland, had been under restrictions for supporting Russia's war effort in Ukraine. No public explanation was given for the decision. The Treasury's sanctions list was updated without an official statement. The companies were originally sanctioned for activities like shipping critical electronics and equipment to Russia. These items are used in weapons and other military systems. The removal of sanctions now allows these firms to do business with the U.S. financial system again. Analysts note such reversals are rare. The move raises questions about the reasons behind the policy change.