Russia is opposed to 'sanction-swapping' with the US — but is prepared to defend itself

The U.S. slapped sanctions on several Russian oligarchs, businesses and agencies thought to have ties to Russian President Vladimir Putin earlier this month. The move prompted a dramatic market sell-off in Moscow, with investors seen dumping Russian assets amid elevated concerns over the country's economic position. One of the most prominent casualties from Russia's recent market turmoil was aluminum giant Rusal.