The U.S. Treasury is finalizing a list of oligarchs close to Vladimir Putin to be penalized under the sanctions passed last year in response to the Kremlin’s election meddling. It’s “expected to amount to a blacklist of Russia’s elite,” per Bloomberg.

The big picture: Two Russian billionaires have been caught up in the Russia probe, while suspicion around other wealthy men with close ties to Putin has deepened in Washington. Here’s a look at the oligarchs already under U.S. sanctions, and the ones who have caught Robert Mueller's eye.

Expand chart
Card deck: Axios Visuals. Net worth estimates via Forbes

The state of the oligarchy: Despite Russia’s economic woes, just three countries (the U.S., China and Germany) have more billionaires than Russia’s 96, according to Forbes. Together they are worth about $400 billion dollars — and that sum is growing.

Some of Russia’s richest men rose to prominence before Vladimir Putin came to power, but remaining among Russia’s business elite requires at least tacit support for, and from, the president.

Meanwhile a newer cluster of oligarchs has entered the fray. These are members of Putin’s inner circle, who have capitalized on those bonds to grow their wealth and influence.

The latest: Four U.S. senators are calling on the White House to include Alisher Usmanov, a metals magnate and former Facebook investor worth $15.1 billion, in the next round of sanctions.

Go Deeper:

Go deeper

EU threatens Belarus with sanctions amid third night of unrest

Belarus riot police detain protesters in Minsk on Tuesday. Photo: Sergei Gapon/AFP via Getty Images

The European Union warned Tuesday it could reimpose sanctions on Belarus as riot police clashed for a third night with demonstrators protesting this week's elections that the EU described as "neither free nor fair," per the Guardian.

Why it matters: The EU removed most sanctions against Belarus four years ago, after "Europe's last dictator" Alexander Lukashenko released political prisoners and permitted protests, AP notes. The EU said in a statement Tuesday it would be "conducting an in-depth review" into its relations with former Soviet country over his elections win claim and the deadly crackdown on protesters.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 1 a.m. ET: 20,284,882 — Total deaths: 741,126— Total recoveries: 12,585,473Map.
  2. U.S.: Total confirmed cases as of 1 a.m. ET: 5,141,208 — Total deaths: 164,537 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten scraps fall football season.
  7. World: Anthony Fauci "seriously" doubts Russia's coronavirus vaccine is safe

Ilhan Omar wins Minnesota primary

Photo: Stephen Maturen/Getty Images

Rep. Ilhan Omar (D-Minn.) won the Democratic primary against lawyer Antone Melton-Meaux on Tuesday evening, AP reports.

Why it matters: The race is one that's played out across the U.S. as progressives continue to sweep party nominations. Omar's win officially means all four progressive members of "The Squad" have won their primary elections.