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$100 Oil Is Solving Russia's Budget Problem

$100 Oil Is Solving Russia's Budget Problem Submitted by Charles Kennedy of OilPrice.com Russia is getting an unexpected windfall from the war in the Middle East. The Kremlin’s oil revenues this month hit a four-year high as oil prices jumped to $100 per barrel amid the Iran war and the de facto closed Strait of Hormuz. Moscow expects so much additional revenues from the oil price spike that authorities are unlikely to downgrade Russia’s economic prospects, hold off on planned budget cuts, and even boost military spending on the war...
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Mar 21, 2026 / Tyler Durden
New York City Is Spending $81,000 Per Year On Each Homeless Person
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Mar 25, 2026 / Tyler Durden
Israel Seeks To Disrupt Russian-Iranian Arms Transfer Route In The Caspian Sea
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Apr 16, 2026 / Tyler Durden
Space Nuclear Power Initiative Sends Reactor Companies Flying
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