All news on the topic: Brent
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Russia’s National Wealth Fund could run dry within months if oil prices plummet, with no backup plan in place
Since the start of its full-scale invasion of Ukraine, Russia has run a budget deficit, and a draft of the 2025 edition anticipates a shortfall of 1.1 trillion rubles (approximately $11 billion, or 0.5% of GDP).
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OPEC minus: Sanctions push Russia into competition with Saudi Arabia as price war looms
In March 2024, Russia again became the largest supplier of oil to China and India, according to a recent OPEC report.
04.01.2025, 19:18 • World
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