U.S., EU Sanctions on Russia Might perchance also Ensnarl Western Oil Companies

U.S., EU Sanctions on Russia Might perchance also Ensnarl Western Oil Companies

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LONDON—A pair of of the West’s perfect oil companies could possibly gain themselves within the crosshairs of sanctions now being drafted by their dwelling governments in opposition to Russia.

The U.S. and Europe aren’t weighing sanctions in opposition to Russian exports of oil and pure gas at the moment given topic they could possibly salvage bigger already excessive vitality charges in Europe. But officials have outlined likely, sizable restrictions on technology transfers and export controls into Russia, The Wall Avenue Journal has reported. Such sanctions, if utilized broadly ample, could possibly bog down salvage admission to to wanted equipment and know-how by all companies running in Russia, including objects and partners of these Western vitality companies.

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