Russia stands to lose as much as $140 billion a year as a result of lower oil prices and U.S. and European sanctions, Finance Minister Anton Siluanov said, underlining the risks of a prolonged stalemate over Ukraine.
Bloomberg: Russia sees $140 billion annual loss from oil, sanctions
A logo of the Russian Transneft oil transporting joint stock company is pictured at the entrance of the management company in Moscow, on Jan. 8, 2006.