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Russian Central Bank Warns Falling Oil Prices Could Squeeze Budget

Summary by themoscowtimes.com
Russia’s Central Bank chief warned Tuesday that falling global oil prices could strain the country’s public finances, raising hopes among some in Ukraine that Moscow’s ability to fund its war effort would be hampered as a result.

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Russian Central Bank Warns Falling Oil Prices Could Squeeze Budget

Russia’s Central Bank chief warned Tuesday that falling global oil prices could strain the country’s public finances, raising hopes among some in Ukraine that Moscow’s ability to fund its war effort would be hampered as a result.

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TASSTASS
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Brent oil price drops below $61 per barrel on ICE first time since March 2021

As of 3:00 a.m. Moscow time, the Brent price was down by 5.39%, to $60.89 per barrel

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TASS broke the news in on Wednesday, April 9, 2025.
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Moscow, Russia

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