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New EU Sanctions on Russia

New EU Sanctions on Russia New EU Sanctions on Russia

The EU says new sanctions against Russia should be adopted shortly and take effect on Tuesday, despite a Kremlin warning of retaliation. But an EU spokeswoman said the sanctions would be "reversible", depending on the situation in Ukraine. Major state-owned oil firms including Rosneft are on the new EU list, but gas is not affected, diplomats say. 

Financialtribune.com