Treasury Secretary Steven Mnuchin takes a question from a reporter after announcing the threat of sanctions on Turkey in the…
FILE - US Treasury Secretary Steven Mnuchin takes a question from a reporter.

The United States on Wednesday issued a fresh round of sanctions related to Russia's 2014 annexation of Ukraine's Crimea, targeting eight individuals and one entity, according to a notice on the U.S. Department of Treasury's website.

Such sanctions block assets under United States control and prohibit U.S. individuals and businesses from conducting any transactions with those targeted.

This is a developing story; we will update with more information as soon as it becomes available