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I believe you are absolutely correct. BP's 25 billion stake in Rosneft will most likely be nationalized. https://www.forbes.com/sites/masonbissada/2022/02/27/
by forum_ghost 5y ago
I believe you are absolutely correct.
BP's 25 billion stake in Rosneft will most likely be nationalized.
https://www.forbes.com/sites/masonbissada/2022/02/27/bp-drops-nearly-20-stake-in-russian-owned-oil-firm-after-invasion-of-ukraine https://www.forbes.com/sites/masonbissada/2022/02/27/bp-drop...
There are probably others I don't know about, as Russia received 30 billion in FDI just in 2019 alone.
I presume all foreign Russian sovereign bond holders are going to be wiped out also?
I don't know what else can one expect after freezing central bank reserves to the tune of half a trillion dollars. Hopefully not a nuclear war.