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$40 oil could be a game-changer for Russia - Business Insider

Business Insider

$40 oil could be a game-changer for Russia
Business Insider
REUTERS/Alexei Nikolsky/RIA Novosti/KremlinThings that have plunged this summer: oil, the ruble, and Vladimir Putin. If oil prices tumble below $40, then the Russian Central Bank could be inspired to interrupt its rate-cutting agenda. “If the situation ...
Putin Aide Who Called Shock Rate Cut Sees Pause as Oil Nears $40Bloomberg

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