: :inin Kyiv (EET)

Russians face oil-sector sanctions, new travel restrictions, over Ukraine


OTTAWA – Canada is once again imposing new sanctions against Russia in response to its incursions into Ukraine.The latest sanctions target 20 Russian and Ukrainian individuals and include new export restrictions on technologies used in Russia’s oil sector.The sanctions against individuals involve freezing of assets and travel bans.But it’s the oilpatch sanctions that will likely sting the most as Russia reels under tumbling world oil prices that have decimated the Russian currency, the ruble.The sanctions are also in line with what has been imposed against Russia by the United States and the European Union.Both Prime Minister Stephen Harper and Foreign …read more

Source: National Newswatch

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