How Russia-Austria pipeline deal buffers Moscow against sanctions

June 26, 2014 7:36 PM

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Russia and Austria's gas companies signed a pact on the Austrian portion of the South Stream pipeline, helping the Kremlin defang Western energy-sanction threats.

Moscow — Amid the ongoing tug of war over Ukraine between Moscow and the West, one of the biggest sticks Western leaders have had is the threat of punitive sanctions on Russia's vital energy sector.

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