Drop in Oil Prices to Boost US Economy

The price of Russia's Urals oil has fallen sharply recently as a result of US tariff policy. Oil and gas exports are the engine of the Russian economy, and now Putin's war chest is shrinking, writes the Financial Times.

The drop in oil prices caused by the tariff crisis is worsening the plight of the Russian economy. Chinese tariffs could also hit Russia.

Vladimir Putin’s war chest under threat as oil prices slide

Donald Trump’s tariff war adds pressure to Russian economy

Russia faces economic challenges as oil revenue dwindles and borrowing efforts falter

Efforts by Russia’s Finance Ministry to curb its budget deficit through foreign borrowing have faltered significantly. The collapse in oil …

Oil Nations Scramble to Avert Economic Crisis After Prices Crash

The recent oil price crash, driven by global trade tensions and tariffs, is creating significant fiscal challenges for petrostates and oil-producing nations, including Saudi Arabia, Russia, and Kuwait, which are heavily reliant on oil revenues to balance their budgets.

Drop in Oil Prices to Boost US Economy

Drop in Oil Prices to Boost US Economy