Russian rouble and stocks slide on sanction fears, oil extends losses – business live

Washington expected to announce new sanctions against Russia over Moscow’s support for Damascus; markets tense after western strikes on Syria

On currency markets, the dollar is struggling. It is flat against a broad basket of major currencies but has weakened 0.3% so far this month, and lost 2.5% since the start of the year.

The euro is steady, trading at around $1.23.

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