National flags of United States and Russia (File photo)

The US Treasury has released a long awaited list of Russian officials and business leaders eligible for sanctions under a law designed to punish Moscow for its alleged meddling in the election that brought Donald Trump to power.

The list published shortly after midnight Monday features the names of most of the senior members in President Vladimir Putin's administration -- 114 politicians altogether -- and 96 business people the US considers close to Putin and each worth at least $1 billion.