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U.S. Sanctions Against Russia May Target Exxon Mobil Next

August 20, 2023
in Trade Tube
Reading Time: 1 min read
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The United States steps up sanctions against Russia as Crimea approves a referendum to split from Ukraine. But aside from sanctions against powerful individuals in the Kremlin, contributor Dan Dicker tells TheStreet’s Joe Deaux a round of sanction could come against publicly traded U.S. companies, most notably, Exxon Mobil, which has major operations in Russia. Dicker tells investors what it could mean for their stake in the oil company and whether this hurts Exxon more than Russia.

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