A slump in oil prices and Western sanctions over the Ukraine crisis are costing Russia up to $140 billion a year, Finance Minister Anton Siluanov said on Nov. 24.
Russia's War Against Ukraine
Reuters: Russia puts losses from sanctions, sliding oil at up to $140 billion per year
Russia's Finance Minister Anton Siluanov (L) and Economic Development Minister, Alexei Ulyukayev, attend a meeting in the Kremlin in Moscow, on Dec. 25, 2013.