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Tighter US Sanctions on Russia Could Hurt Europe

22:12 EDT 30 Jul 2017 | CHEManager

The proposed US tightening of economic sanctions against Russia is making waves not only at home but also in Europe. A bill passed by the House of Representatives last week, which must now be approved by the Senate, carries a modification to the initial sanctions contained in the 2014 Ukraine Freedom Support Act that would bar companies from making a “significant” (33% is under discussion) investment in Russian oil and energy projects.

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