New sanctions are on the way for Russia.<br/> <br />Key institutions like Gazprombank and Rosneft Oil Co. are among a dozen companies hit in the latest round of sanctions.<br/> <br />President Barack Obama announced the measures Wednesday over what his administration views as Moscow's interference in Ukraine.<br/> <br />(SOUNDBITE) (English) PRESIDENT BARACK OBAMA SAYING:<br/> <br />"These sanctions are significant, but they are also targeted, designed to have the maximum impact on Russia while limiting any spillover impact on American companies or those of our allies."<br/> <br />Moscow has been accused of providing arms to pro-Russian separatists in Ukraine's east.<br/> <br />During the wide-ranging news conference, Obama also commented on the talks with Iran over its nuclear program.<br/> <br />(SOUNDBITE) (English) PRESIDENT BARACK OBAMA SAYING:<br/> <br />"It is clear to me that we have made real progress in several areas and that we have a credible way forward. But, as we approach a deadline of July 20, under the inter