Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President Vladimir Putin announced a military operation in Ukraine’s eastern Donbas region.
Big oil companies—including BP PLC, Exxon Mobil Corp. and Shell PLC—all have substantial investments in Russia, as do brewing giant Carlsberg A/S and auto maker Renault SA .
