Shares in Russia’s largest oil producer, Rosneft, slumped on Friday on the Moscow Stock Exchange, following a report on Thursday that the United States is thinking about slapping sanctions on the Russian oil giant for keeping business ties with the regime of Venezuela’s Nicolas Maduro. Rosneft’s shares opened sharply down on Friday and were losing 5 percent in the early afternoon, before erasing some of the losses to trade down 3.41 percent at 5:13 p.m. Moscow time. The share decline today was the sharpest one-day drop in nearly two years, since April 2018. On Thursday, Bloomberg reported , quoting people familiar with the issue, that the United States is considering whether to sanction Rosneft over its continued business with Nicolas Maduro’s regime. The U.S. administration, however, is concerned that sanctions on Rosneft—a key trading partner for Venezuelan oil—would create chaos on the market and push oil prices up, according […]