Report: Russian Finance Ministry sets Hormuz opening scenario for $50/bbl oil price in budget

TASS (Russia) has covered a development concerning “Report: Russian Finance Ministry sets Hormuz opening scenario for $50/bbl oil price in budget,” with the available account limited to the facts included in the supplied text.

The available account reports that the ministry is deliberately budgeting a rather low oil price to mitigate the risks of unexpected deficits, Igor Yushkov noted

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