Russia puts losses at up to $140 billion from Western sanctions, oil price fall: minister

Reuters

Published Nov 24, 2014 02:51AM ET

Russia puts losses at up to $140 billion from Western sanctions, oil price fall: minister

MOSCOW (Reuters) - Russia is suffering losses at a rate of about $40 billion per year because of Western sanctions and $90-100 billion from the drop in the oil price, Finance Minister Anton Siluanov said on Monday.