US sanctions on Russia news
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- Russian declaration aimed at stopping sanctions amid coronavirus crisis REJECTED at UN General Assembly
The US, UK, and EU, as well as Ukraine and Georgia, rejected a Russian draft declaration calling for unilateral sanctions to be lifted to fight Covid-19. - India & Russia plan to open new trade route via Iran despite threat of US sanctionsOpening a long-pending multi-modal transportation corridor via Iran will be a big boost for bilateral trade between Russia and India, but it’s not just the economy at stake. This is a bold move against the threat of US sanctions.
- Alaska fishermen lose MILLIONS of dollars amid US-Russia sanctions warFishermen in Alaska are losing up to $60 million annually after access to one of their key markets was cut in 2014, when Russia imposed a food embargo in retaliation to US sanctions.
- Venezuela slams US sanctions on Russia's Rosneft as an attempt at grabbing control of global oil marketRussian oil giant Rosneft’s investments and commercial activities in Venezuela are legal, says state energy firm PDVSA, pledging to provide the necessary support for the producer’s “operational and commercial continuity.”
- Russia’s largest oil company’s shares fall after reports of new US sanctionsRosneft stock slumped nearly five percent during Friday trading on the Moscow Stock Exchange after reports claimed that the US wants to slap the Russian oil giant with new sanctions over its cooperation with Venezuela.
- Latin America free to make own policy choices – Russia's FM Lavrov on US threats & ‘humiliating’ Monroe DoctrineRussian Foreign Minister Sergey Lavrov hit back at threats from Washington over Moscow’s support for Venezuelan President Nicolas Maduro, insisting Caracas and its neighbors deserve the option not to be US vassal states.
- US sanctions helped Russia to boost oil exports in 2019Exports of Russian crude surged last year, with shipments to the US increasing threefold, as Washington tightened sanctions against a number of countries, the Russian Ministry of Economic Development has said.
- Nord Stream 2 gas pipeline to Germany to be launched before end-2020 – RussiaThe Nord Stream 2 pipeline will be launched by the end of 2020, Russian Minister of Energy Alexander Novak has said. The completion of the project was sabotaged earlier by US sanctions.
- Extra-territorial US sanctions on Nord Stream 2 bringing Russia & Europe closer together – economy ministerCooperation between Russia and Europe is growing, and pressure from the US just gives more impetus for further development of those ties, says Russian Economic Development Minister Maksim Oreshkin.
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