May 3, 2026
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15:17Now PlayingNataliia Lutsenko TV host and Dr. Tom O'Donnell Energy & geopolitical strategist at GlobalBarrel.com discussed the topic of how a sharp rise in oil prices, caused by the aggravation of the situation in the Middle East and the US war with Iran, temporarily increased Russia's export revenues to the highest level since the beginning of the full-scale invasion of Ukraine. However, this factor is not able to significantly support the weakened Russian economy, which is approaching recession, writes Bloomberg. For more details on this and other topics, see below.
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#RussiaEconomy #OilPrices #Putin #UkraineWar
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