Financial Sanctions and Economic Coercion

Financial sanctions and other forms of economic coercion have become policy tools of choice for the US government to deter illegal activity by international actors or to pressure governments into reversing actions that harm US interests. Yet these instruments and their potential pitfalls are often misunderstood. Restrictive economic measures such as financial sanctions, export controls, tariffs, and investment screening can play an important role in advancing certain policy objectives, but they risk being ineffective if misapplied or poorly implemented. Policymakers must also recognize the impact of economic statecraft on the private sector, which bears many of the compliance burdens and operational costs associated with these measures.

Energy Sanctions Dashboard

This dashboard focuses on US sanctions and restrictive measures placed on crude oil from Russia, Iran, and Venezuela—including the unintended consequences and the lessons learned.

Econographics

Apr 17, 2025

Russia Sanctions Database

By Kimberly Donovan, Maia Nikoladze, Lize de Kruijf

The Atlantic Council’s Russia Sanctions Database tracks the level of coordination among Western allies in sanctioning Russian entities, individuals, vessels, and aircraft, and shows where gaps still remain.

Eastern Europe Economy & Business

Recent analysis

Programs

At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.

Content

New Atlanticist

Sep 4, 2024

Experts react: The US just accused Russia of meddling in the 2024 election. Here’s what to know.

By Atlantic Council experts

Atlantic Council experts share their insights on the Biden administration’s newly announced response to what it alleges is an expansive malign influence operation by the Kremlin.

Disinformation Elections

New Atlanticist

Sep 3, 2024

Risky business: How to save the G7 deal to mobilize $50 billion for Ukraine

By Charles Lichfield

The deal announced in Italy in June is at risk of getting caught between how the EU enacts sanctions and what the Biden administration is willing to bring before Congress.

Conflict Economy & Business

In the News

Aug 30, 2024

Nikoladze featured in NPR’s Morning Edition on seized Russian luxury yachts

Listen to the full segment here

Financial Sanctions and Economic Coercion Russia

In the News

Aug 29, 2024

Nikoladze quoted by the Voice of America on Russia-China financial cooperation

Read the full article here

China Financial Regulation

In the News

Aug 27, 2024

Beniamino Irdi featured in Formiche on the Rai case and Italy’s stance towards Russia

By Beniamino Irdi

On August 27, Transatlantic Security Initiative nonresident senior fellow Beniamino Irdi wrote an article in Formiche discussing how Rai’s decision to recall journalists back to Italy illustrates the stance Italian organizations have taken towards maintaining relations with Russia.

Economy & Business Europe & Eurasia

In the News

Aug 22, 2024

Webster quoted in Energy Intelligence on Iran’s oil exports

By Joseph Webster

Financial Sanctions and Economic Coercion Geopolitics & Energy Security

In the News

Aug 16, 2024

Donovan and Nikoladze cited by the National Interest on an alternative market of sanctioned oil in China, Iran, and Russia

Read the full article here

China Financial Sanctions and Economic Coercion

In the News

Aug 15, 2024

Webster quoted in Business Insider on China’s reluctance to process Russian payments amid sanctions

On August 14, GEC senior fellow/IPSI nonresident senior fellow Joseph Webster was quoted in Business Insider discussing the increasing reluctance of Chinese banks to process payments from Russia amid Western sanctions. Webster emphasized that this growing economic isolation could severely impact Russia’s ability to sustain its military and economic efforts, particularly in its ongoing conflict […]

China Financial Sanctions and Economic Coercion

In the News

Aug 14, 2024

Webster quoted in Business Insider on Chinese banks’ refusals to process payments from Russia

China Financial Sanctions and Economic Coercion

UkraineAlert

Aug 13, 2024

Belarus’s political prisoners must not be forgotten

By Hanna Liubakova

New sanctions unveiled in August have highlighted the plight of Belarus's approximately 1,400 political prisoners, but much more must be done to increase pressure on the Lukashenka regime, writes Hanna Liubakova.

Belarus Conflict

Experts