Russia Bars Exxon and Other Western Investors From Selling Shares in Strategic Businesses

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Russia has barred traders from nations it deems unfriendly from promoting shares in sure strategic enterprises by means of the top of the yr, a transfer that additional strains relations between Moscow and international locations which have leveled sanctions in opposition to Russia for its war in Ukraine.

The ban went into speedy impact following a decree signed by Russian President Vladimir Putin Friday and is a part of a variety of different particular measures being enacted within the sphere of finance and gasoline and vitality, Russia’s state information company, TASS, reported.

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