. New sanctions from the European Union will expand the number of companies unable to raise money in the bloc’s capital markets. Bloomberg News BRUSSELS—New European Union sanctions on Russia will expand the number of Russian companies unable to raise money in the bloc’s capital markets to include three major state-owned oil companies, according to documents seen by The Wall Street Journal. Under a modest expansion of sanctions introduced in late July, the three oil companies— Gazpromneft , the oil-production and refining subsidiary of OAO Gazprom , oil transportation company Transneft , and oil giant Rosneft—will be forbidden from raising funds of longer than 30 days’ maturity. Five state-controlled banks, including Sberbank and VTB Bank , already barred from raising funds for longer than 90 days under the July sanctions, will also have the maximum maturity cut to 30 days. The […]