A few days ago, President Barack Obama issued an executive order allowing him to use the United States government agencies to restrict certain Russian assets in the US in retaliation for the annexation of Crimea. It was speculated by some gun publications that this executive order would only cover individual Russians and their companies, and leave the majority of Russia’s arms industry to operate as usual. In a speech today, Obama confirmed our interpretation that the executive order allows him broader powers . . .
As whitehouse.gov details, this includes, “named officials of the Russian government, any individual or entity that operates in the Russian arms industry, and any designated individual or entity that acts on behalf of, or that provides material or other support to, any senior Russian government official.” The order does not dictate any immediate actions, but we’re hearing reports from attendees at the Lone Wolf sponsored event that took place recently that ammunition shipments are already being cancelled. Stay tuned for more information as it becomes available.