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Russia Promises Retaliation upon New U.S. Sanctions - ASHARQ AL-AWSAT English Archive
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U.S. Republican Senator Lindsey Graham recently revealed that Russia and President Vladimir Putin should expect tough sanctions after cyber attacks during the presidential election, won by Donald Trump.

“To be honest, we are tired of lie about the ‘Russian hackers’, which is being poured down in the United States from the very top,” Foreign Ministry spokeswoman Maria Zakharova said.

She also called reports of possible new sanctions a “provocation directed by the White House”.

On the other hand Russian Finance Minister Anton Siluanov said a price of $45 per barrel of oil was “balanced” for both suppliers and consumers, Reuters reported.

In an interview with the Rossiya-24 state TV channel, he also said that budget revenues from oil and gas sales had dropped by 18 percent this year due to weaker prices.

Benchmark Brent crude oil front-month futures currently trade at over $56 per barrel.

Asharq Al-Awsat English

Asharq Al-Awsat English

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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