By Daphne Psaledakis and Arshad Mohammed
WASHINGTON (Reuters) -The United States on Wednesday imposed&nbsp;sanctions&nbsp;on&nbsp;over&nbsp;120&nbsp;targets&nbsp;to squeeze Russia for its war in&nbsp;Ukraine, pursuing entities linked to state-held energy company Rosatom and firms based in partner nations like Turkey in a sign of stepped-up enforcement.
The&nbsp;sanctions, imposed by the Treasury and State departments in concert with Britain,&nbsp;hit&nbsp;entities and individuals in&nbsp;over&nbsp;20 nations and jurisdictions, including a Russian private military company, a China-based firm and a Russian-owned bank in Hungary.
The Treasury said it imposed&nbsp;sanctions&nbsp;on Russian financial facilitators and&nbsp;sanctions&nbsp;evaders around the world, including in the United Arab Emirates and China-based people and firms.
The actions reflect an effort by the&nbsp;U.S. government both to broaden the web of&nbsp;U.S.&nbsp;sanctions&nbsp;placed on Moscow since Russian President Vladimir Putin's February 2022&nbsp;invasion&nbsp;of&nbsp;Ukraine&nbsp;and to squelch efforts to circumvent them.
One of the main&nbsp;targets&nbsp;was Russian billionaire businessman Alisher Usmanov, whom the Treasury described as having "at his disposal a wide network of businesses in financial safe havens and family members through which to conduct financial transactions, enabling him to potentially circumvent&nbsp;sanctions."
The State Department said it targeted the businessman's company, USM Holdings, and multiple firms under it.
The company said it regarded the actions as "unjust and unfounded," saying Usmanov, who has previously been subject to&nbsp;U.S.&nbsp;sanctions, had stepped down from business activity long ago and did not take part in management.
"The United States will continue to take action against Russia and those&nbsp;supporting&nbsp;its war in&nbsp;Ukraine," Secretary of State Antony Blinken said in a statement, saying it was in keeping with the Group of 7&rsquo;s "commitment to impose severe consequences on third country actors who support Russia's war in&nbsp;Ukraine."
In addition to trying to choke the Russian economy, the United States and its allies have provided extensive weaponry to&nbsp;Ukraine&nbsp;in its 13-month effort to fend off the Russian&nbsp;invasion.
PRIVATE MILITARY COMPANY
Among Wednesday's&nbsp;targets&nbsp;was the Patriot private military company, which the State Department said was associated with Russian Defense Minister Sergei Shoigu and competed with the Wagner mercenary group.
Also targeted was China HEAD Aerospace Technology Co, a China-based satellite image reseller that the State Department said supplied satellite imagery of locations in&nbsp;Ukraine&nbsp;to entities affiliated with Wagner and its head, Yevgeny Prigozhin.
The Treasury also targeted King-Pai Technology HK Co, Ltd, which it said is a China-based supplier for multiple entities in Russia's military-industrial complex.
Five entities and an individual that are part of Russian state-owned nuclear energy company Rosatom were also targeted in an effort to constrain the company, the State Department said, accusing Rosatom of using energy exports to exert political and economic pressure on its customers.
Washington has not imposed&nbsp;sanctions&nbsp;on Rosatom itself.
The United States also imposed&nbsp;sanctions&nbsp;on at least four Turkey-based entities it said violated American export controls and helped Russia's war effort, in the biggest&nbsp;U.S. enforcement action in Turkey since the&nbsp;invasion.
Eurasia Group analyst Clayton Allen said sanctioning Turkish firms signaled&nbsp;U.S. partner nations were not immune from&nbsp;U.S. action.
"Crossing this threshold is an important development," he said, saying the commitment to enforcement even if it causes friction with partners signals a&nbsp;U.S. "expectation that the current&nbsp;sanctions&nbsp;structure will endure for the long term."
Among the companies organized under Usmanov's USM Holdings that Washington targeted were Russian mobile operator Megafon; Russia's biggest iron ore producer, Metalloinvest, including Metalloinvest's Swiss-based and UAE-based subsidiaries; the operator of the Russia-based Udokan&nbsp;copper project; and Usmanov's Uzbekistan-based cement producer Akhangarancement.
The inclusion of Megafon, one of Russia's big four telecoms operators, marks a shift as Western&nbsp;sanctions&nbsp;have so far stopped short of targeting Russia's telecoms infrastructure.
Megafon's press office said it viewed the&nbsp;sanctions&nbsp;as "an unfair and illegal step that has no basis," adding it intended to challenge them.
The&nbsp;U.S. Treasury also said it imposed&nbsp;sanctions&nbsp;on Budapest-based International Investment Bank (IIB), a bank with majority-Russian ownership that some European countries have already cut ties with, and three current or former executives.&nbsp;
"IIB's presence in Budapest enables Russia to increase its intelligence presence in Europe, opens the door for the Kremlin&rsquo;s malign influence activities in Central Europe and the Western Balkans, and could serve as a mechanism for corruption and illicit finance, including&nbsp;sanctions&nbsp;violations," it said.
The Treasury also targeted Sequoia Treuhand Trust Reg, a Liechtenstein-based trust services company, saying its clients include Russian elites such as Gennady Nikolayevich Timchenko.
(Reporting by Daphne Psaledakis; Additional reporting by Jonathan Spicer in Istanbul; Writing by Daphne Psaledakis and Arshad Mohammed; Editing by Chizu Nomiyama, Jonathan Oatis and Leslie Adler)

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U.S. sanctions hit over 120 targets supporting Russia's invasion of Ukraine