Russia threatens to hit British companies in 'retaliation' for sanctions [View all]
Source: The Telegraph
Putin could seize assets of British oil companies, Russian diplomat warns, as war of words over sanctions intensifies
Russia has issued a threat to seize the assets of British companies including BP and Shell as a retaliation against David Camerons demand for tough sanctions.
In a mounting war of words, a senior diplomatic source claimed Moscow would fight back against any industry-wide EU sanctions by putting British companies working in Russia oil on the frontline.
We want friendly relations. We will go along as far as we can. Then we will retaliate, the figure said.
The official measures will include seizing the assets of British firms, adding: BP and Shell have a lot of assets in Russia.
Read more: http://www.telegraph.co.uk/news/worldnews/europe/russia/10989627/Russia-threatens-to-hit-British-companies-in-retaliation-for-sanctions.html
President Vladimir Putin (R) and Defence minister Sergei Shoigu (L) watching military exercises in the Pacific Ocean near the Sakhalin island Photo: AFP/Getty Images