U.S. With EU Plays Down Industrywide Sanctions on Russia

Officials in the U.S. and European Union are playing down the prospect of punishing Russia with sanctions targeting entire industries, opting instead to focus on tightening pressure by targeting more individuals and companies.

Policy makers say they are concerned that broad-brush sanctions on Russia’s energy and financial industries, the two areas mentioned as possible targets, risk provoking economically costly retaliation by Russia.