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 Western sanctions and oil price start strangling Russia, Ukraine’s MP says

Western sanctions and the oil price began strangling Russia’s economy. In addition, the Russians began feeling themselves insecure overseas and started hiding their nationality - it is a psychological defeat of the current Russian authorities.

Deputy Head of the People's Front parliamentary faction Serhii Pashynskyi said on air of Channel 5, Censor.NET reports citing UNN.

"There are two major consequences on the surface and 10 minor ones beneath it. As for the two ones on the surface, the sanctions actually began to strangle them (Russians - Ed.). The second one is the oil price: the Ukrainian patriots could not even think in their sweetest dreams that oil will cost $49 today. It means social unrest for Russia. Another consequence is that pressure is started to be put, those who have recently been abroad could feel it: the Russians feel very insecure there. They hide their Russian origin - it's a psychological defeat," Pashynskyi said.

Read more: Russia to lose $34 billion, should Iran regain its oil share, - World Bank

It should be reminded that the U.S. imposed additional sanctions against Russia's 11 individuals and 15 legal entities July 30 in connection with the events in Ukraine.

The new sanctions also impacted companies operating five trading ports of the Crimean peninsula and Kerch ferry. The companies associated with the Russian Vnesheconombank and Rosneft were imposed sectoral sanctions against as well.

Read more: Escalation in Donbas a clear signal for opponents of sanctions against Russia, - Lithuanian Foreign Minister

 
 
 
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