New Russia sanctions impact muted even as energy shares sag

June 19, 2017

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For investors in Russia’s energy and metals sectors, the US Senate’s bill to expand sanctions was a blow. Whether it will hurt Russian companies targeted by the legislation is less certain. The Senate bill proposes adding restrictions to banks’ and energy companies’ ability to raise capital, and allows for new sanctions on state-owned entities in the rail, shipping, metals and mining sectors, as well as energy pipelines.

Category: General