Russia may face additional sanctions from the U.S. and its allies in response to allegations of war crimes.

• Sources informed NBC News that the Biden administration plans to reveal additional sanctions against Russian financial institutions, Kremlin officials, and their relatives.
• The measures, in concert with European Union allies and the Group of 7 nations, will prohibit new investment in Russia and state-owned enterprises.
• The sweeping measures follow mounting global accusations of Russian war crimes in Ukraine.

On Wednesday, the Biden administration will reveal new sanctions against Russian financial institutions, Kremlin officials, and their relatives, according to three sources.

New sanctions on Russia will be imposed in coordination with the European Union and Group of 7 nations, including a ban on new investment in Russian companies, according to sources.

Jen Psaki, the White House press secretary, stated that these measures will weaken crucial tools of the Russian government and inflict a severe and immediate economic impact on Russia, while also holding the Russian kleptocracy responsible for funding and supporting Putin's war.

The coordinated sanctions have made Russia the world's most-sanctioned country, and the measures have harmed the Russian economy as Moscow continues with the brutal invasion of its neighbor.

Amid mounting global accusations of Russian war crimes in Ukraine, over the weekend, Ukrainian officials claimed that hundreds of civilians were tortured and killed in Bucha by Russian troops.

Psaki stated that Russia's actions in Bucha played a role in the decision to impose additional sanctions.

The horrific photos from Bucha are not the first violation of war crimes or atrocities we've seen. Therefore, while they have been part of our process of imposing consequences, they are not entirely new.

She stated that they were still evaluating and determining further actions and outcomes.

On Monday, Volodymyr Zelenskyy, the Ukrainian President, described the aftermath in a suburban town near Kyiv as a "genocide" and accused Russia of committing war crimes.

On Tuesday at the United Nations, Zelenskyy demanded a Nuremberg-style trial to investigate and prosecute Russian war crimes.

In his nearly 20-minute speech, Zelenskyy stated that the massacre in Bucha is just one of many examples of what the occupiers have been doing on our land for the past 41 days. He added that the world has yet to see what Russia has done elsewhere in Ukraine.

Russia has been accused of war crimes in Ukraine by the U.S. and its European allies, with evidence suggesting that the country intentionally targeted civilian sites. Russia, however, characterizes its actions in Ukraine as a "special operation" and maintains that it does not attack civilians.

The ongoing conflict between Russia and its ex-Soviet neighbor has resulted in the death of over 1,400 people, including 61 children, according to the United Nations. However, the organization warns that the actual death toll may be higher due to the delay in reporting caused by the armed conflict.

On Tuesday, UN humanitarian aid chief Martin Griffiths informed the U.N. Security Council that more than a quarter of Ukraine's population has been displaced due to Russia's war.

Griffiths stated that over 11.3 million individuals have been displaced from their homes, with 4.2 million of them now classified as refugees.

On Monday, President Biden labeled Russian leader Vladimir Putin a "war criminal" and stated that he should be tried for ordering the violence in Ukraine.

Biden stated that the actions in Bucha were outrageous and everyone had witnessed it. He added, "I believe it is a war crime, and he should be held accountable."

The State Department, under the guidance of Biden's national security advisor Jake Sullivan, will assist the U.N. in investigating potential war crimes.

Antony Blinken, the Secretary of State, stated that the reports of Russian war crimes in Ukraine were "more than credible" before traveling to Belgium for NATO and G-7 meetings.

Blinken stated that the atrocities committed in Bucha were not a random act of a rogue unit, but a deliberate campaign of killing, torture, and rape. He emphasized that the reports and evidence supporting these claims are credible and available for the world to see.

On Tuesday, Jens Stoltenberg, NATO Secretary-General, stated that the alliance is dedicated to aiding the U.N.'s International Criminal Court inquiry.

Stoltenberg stated that targeting and murdering civilians is a war crime. He emphasized that all the facts must be established and those responsible for these atrocities must be brought to justice. The alliance had reliable evidence of war crimes committed in Bucha and other Ukrainian cities.