Pursuits
Russia-Turkey Tensions Spotlight Those Stocks With Most to Lose
- Black-Sea gas pipeline discussions could come under threat
- Potential disruption in oil supplies could see prices rise
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From gas exporters to airlines, Russian and Turkish companies have much to lose should ties between the two nations worsen.
Russia was the biggest source of Turkey’s imports in 2014 at about $25 billion, surpassing China, according to data compiled by Bloomberg. Some 12 percent of all tourists to Turkey were from Russia last year, second only to Germany, Renaissance Capital said in a research note on Tuesday.