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Surging global oil prices still fail to rescue Russia's breaking federal budget

Global oil prices rose following the conflict in Iran to their highest level since July 2024, however, this is still insufficient to balance the Russian budget, Reuters wrote on March 3.

New Voice of Ukraine
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Global oil prices rose following the conflict in Iran to their highest level since July 2024, however, this is still insufficient to balance the Russian budget, Reuters wrote on March 3.

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