Russia Anticipates Additional €2.3 Billion in Revenues from High Oil Prices (eco.sapo.pt)
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- Extra oil revenue of 200 billion rubles expected
- Helps narrow Russia's budget deficit
- Highlights dependency on volatile crude prices
"Russian Finance Minister Anton Siluanov announced that the state budget will receive additional revenues of about 200 billion rubles (€2.3 billion) due to elevated oil prices. The windfall helps offset recent deficits and underscores Russia's continued reliance on hydrocarbon export revenues for fiscal stability."
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