US Sanctions Raise Concerns For Foreign Investors
U.S. sanctions targeting the president of Russia’s largest oil company could complicate the operations of Western oil companies with important investments in Russia, such as BP and Exxon. The sanctions target only Igor Sechin, the president of Rosneft, and not the company itself. That means BP, Exxon and others will be able to continue to work with Rosneft, one of the world’s biggest oil companies, to explore for and produce oil and gas.
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