Russia: “US sanctions take risks for global market instability… Oil business and others will continue.”

Russian Foreign Ministry Statement: “Next U.S. President Will Face Devastation”,

[Moscow=AP/Newsis] Russia stated that the U.S. decision to impose sanctions on its energy sector would destabilize the global market, but it would continue its energy business nonetheless. The photo shows Russian President Vladimir Putin recording a New Year’s address at the Kremlin in Moscow on December 31 of last year. 2025.01.12.,
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, ‘[Seoul=Newsis] Reporter Kim Ye-jin: Russia has declared that it will continue its energy business despite the U.S. sanctions on its energy sector, which it claims will destabilize the global market.’,
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, ‘According to TASS and Sputnik on the 11th (local time), the Russian Foreign Ministry issued a statement criticizing the U.S. sanctions as an attempt to damage the Russian economy, risking global market instability before the end of President Joe Biden’s disreputable term.’,
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, ‘Furthermore, it highlighted that without congressional approval, the next president would figuratively and literally face devastation. This implies that President-elect Donald Trump, set to take office on the 20th, will inherit this situation.’,
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, ‘The statement emphasized that Russia would continue large-scale oil and gas production projects, oil field services, and nuclear power plant construction in third countries.’,
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, ‘Additionally, Russia announced that it has been, and will continue to be, a key and reliable entity in the global energy market.’,
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, “Previously, on the 10th, the U.S. Treasury announced sanctions against Russian oil companies Gazprom Neft and Surgutneftegas. Sanctions were also imposed on 183 ships, mostly associated with what is known as the ‘shadow fleet’, linked to sanctions evasion, smuggling, and illegal maritime activities.”,
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, ‘These U.S. sanctions aim to limit Russia’s access to the global energy market and reduce its oil and gas export revenues.’,
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