From the IRS's (2020 Instructions for Form 1116:(
Line i—Foreign Country or U.S. Possession
Generally, if you received income from, or paid taxes to, more than one foreign country or U.S. possession, report information on a country-by-country basis on Form 1116, Parts I and II. Use a separate column in Part I and a separate line in Part II for each country or possession. If you paid taxes to more than three countries or possessions, attach additional sheets following the format of Parts I and II.
That does not appear that using VARIOUS or only listing sanctioned countries by name complies with the instructions.
