In an update to investors, the oil company projected a huge financial hit from its exposure to Russia.
Tag: Embargoes and Sanctions
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Justice Dept. Charges Russian Oligarch With Violating Sanctions
The department also unveiled additional measures meant to neutralize Russian money laundering and disrupt online criminal networks.
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E.U. Leaders Weigh a Ban on Russian Coal
The European Union relies on Russia for almost half its coal, but new contracts with other countries could ease the transition, which would stretch over four months.
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Yellen Says Aim Is ‘Maximum Pain’ for Russia Without Hurting US
The Treasury secretary, testifying before a House committee, said the U.S. would continue finding ways to punish Russia for its invasion of Ukraine.
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Germany’s Dependence on Russian Gas Is Difficult to Break
Dangerously dependent on Russian gas, Germany is still refusing to cut off President Putin, whose war it is effectively subsidizing to the tune of some $220 million a day.