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New round of US sanctions on Russia could have ripple effects into energy

From spglobal.com

A new round of US sanctions issued April 15 targeting Russian entities and individuals could have knock on effects into the energy space while not specifically targeting the sector, analysts said. The White House April 15 issued an executive order imposing sanctions aimed at "targeting aggressive and harmful activities by the Government of the Russian Federation." The sanctions, levied by the US Treasury Department, include new prohibitions on dealing in Russian sovereign debt markets, as well as targeted sanctions on several Russian technology firms with alleged connections to Russian intelligence services. ... (full story)

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  • Category: Fundamental Analysis