A senior market analyst said Russia’s fiscal health and the stability of its currency was linked to movements in the price of crude oil.
Russian Prime Minister Vladimir Putin opens a throttle during the opening ceremony for the Russian section of the Russia-China oil pipeline in the Amur region, Russia, on Aug. 29, 2010. Alexey Druzhinin/AFP via Getty Images
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News Analysis
U.S. President Donald Trump announced new sanctions on Russia on Oct. 22, targeting its two largest oil companies, Rosneft and Lukoil.
Chris Summers is a UK-based journalist covering a wide range of national stories, with a particular interest in crime, policing and the law.
