Targeting the Russian oil and gas sector with sanctions is a tacit act of economic warfare, Russian Prime Minister Dmitry Medvedev said Friday. “We are in a fundamentally different situation at present: equipment for hydrocarbons production has essentially become a token of political struggle and political bargaining,” the prime minister said. Members of the European Union are considering tightening the sanctions noose on Russia as conflict in eastern Ukraine continues. Political upheaval began in former Soviet republic Ukraine in late 2013 as the government in Kiev moved closer to the EU. Sanctions met a Russian move last year to annex the Crimean Peninsula of Ukraine. Medvedev said energy, a prime source of government revenue, was the main target of sanctions . The International Monetary Fund […]