"We could take a negative rating action in the next 24 months if geopolitical events result in foreign governments introducing materially tighter sanctions on Russia," the ratings agency said https://bit.ly/2TUlNto.
S&P becomes the latest major rating agency to warn of the negative impact on the nation's credit profile if the United States introduces new sanctions against Moscow. S&P kept the country's outlook unchanged at stable, factoring in the agency's assumption of an adequate government policy response in the event of additional sanctions.
Earlier on Friday, Moody's said that tougher US sanctions would hurt Russia's credit profile. Fitch last month said it would strip Russia's positive outlook rating this year if the United States brings in sanctions devised to hurt Russian government debt buying.