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US, EU sanctions on Russia could ensnarl Western oil companies

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Washington and Brussels aren’t targeting oil or gas exports, but broader restrictions could still hit firms with big business in Russia

The European Union, meanwhile, is considering more direct measures, including restricting the financing of new gas exploration and production in the country, as well as extending existing bans on the transfer of technology in the energy sector specifically  (Photo: Bloomberg)Premium
The European Union, meanwhile, is considering more direct measures, including restricting the financing of new gas exploration and production in the country, as well as extending existing bans on the transfer of technology in the energy sector specifically  (Photo: Bloomberg)

LONDON : Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their home governments against Russia.

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