Russia says immune to US oil sanctions

Russia has announced that new US sanctions on its oil industry risked hurting diplomatic efforts to end the Ukraine war, and that it had developed a "strong immunity" to them.

US President Donald Trump announced new sanctions on Russia’s two largest oil companies on Wednesday, complaining that his peace talks with Russia’s Vladimir Putin were not going “anywhere”.

Trump held off introducing new restrictions against Russia for months, but his patience snapped after plans for a fresh summit with Putin in Budapest collapsed.

“We view this step as being entirely counterproductive, including in terms of signalling the need to achieve meaningful negotiated solutions to the Ukrainian conflict,” Russian foreign ministry spokeswoman Maria Zakharova told a weekly briefing.

“Our country has developed a strong immunity to Western restrictions and will continue to confidently develop its economic potential, including its energy potential,” she added.

› Subscribe

LEAVE A REPLY

Please enter your comment!
Please enter your name here

The reCAPTCHA verification period has expired. Please reload the page.

More Articles