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Russia: Economic development in Moscow

The fall in oil prices is increasingly hitting the Russian budget — SBU. After the disappearance of so-called 'military premium' and stabilization of the situation in the Middle East, Russia is starting to lose one of its main financial resources for waging war. According to data from Ukraine's Security Service (SBU), the price of Brent crude oil has fallen to $72.5 per barrel, while Russian Urals is currently sold at $55-60 — at or even below the G7 price floor.

Event details

Disorder type
Economic impact
Event type
Economic development
Sub-event
Oil price decline impact
Interaction
Intelligence agencies
Key actors
government
Location
Moscow
Source platform
telegram

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Source

This event was reported on Telegramby @spravdi. The summary above is an automated, neutral description; always consult the original report before relying on it.

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