RNFTF - Update: Sanction rhetoric heats up -- Russia will respond tit-for-tat

Update: Prime Minister Johnson speaking in front of Parliament indicated that UK sanctions will:  Exclude Russian Banks from the UK financial system. End Russian banks' ability to access Sterling or clear payments through the UK. Impose an asset freeze against all major Russian Banks, immediately. Prohibit all major Russian Companies from raising financing in the UK. Limit deposits for Russian Nationals in UK banks. Be extended to include Belarus. It is unclear if the Prime Minister's sanctions will end Russian stock listings on the London Stock Exchange, as Rosneft (OTCPK:RNFTF) and Gazprom (OTCPK:OGZPY) traded lower by 50% and 29%, respectively, in London on Thursday. With Biden on deck to speak later Thursday, markets will focus on any indication of energy or SWIFT payment system related sanctions.   Original:  Energy markets are laser focused on events unfolding in Ukraine, and the implications for fossil fuel prices. Thus far, US and European allies

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Update: Sanction rhetoric heats up -- Russia will respond "tit-for-tat"