The United States should utilize russia’s frozen assets for rebuilding Ukraine after the war.

Penny Pritzker, the special representative of US President Joe Biden for Ukraine’s economic recovery, said as much.

Most of them are located in the EU and Japan.

Additionally, the Office of Foreign Assets Control (OFAC) under the U.S. Treasury Department placed sanctions on two people and five companies located in Iran, China, Hong Kong, Turkey, and the UAE.