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What will be the impact of U.S. sanctions on Russian energy by end of 2025?
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Reports from major financial news outlets like Bloomberg, Reuters, or Financial Times
Story
Russian Foreign Ministry Promises Response to New U.S. Sanctions on Energy Sector January 11, 2025
Jan 11, 2025, 04:05 PM
The Russian Foreign Ministry has issued a statement in response to new U.S. sanctions targeting the Russian energy sector, asserting that Washington's hostile actions will not go unanswered. The ministry characterized the sanctions as an attempt to undermine the Russian economy while posing risks to global market stability. Furthermore, it emphasized that these actions will be taken into account in shaping Russia's foreign economic strategy. The comments reflect a broader context of escalating tensions between the U.S. and Russia regarding economic and geopolitical issues.
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