Russia Bets on Oil Windfall Amid Budget Strains and Price Volatility

5 articles · Updated · Букви · Apr 16

Russia is increasing government spending in anticipation of higher oil revenues, despite a widening budget deficit and volatile oil prices.
Finance Minister Anton Siluanov defended the $59 per barrel budget benchmark, even as actual oil prices and revenues have fluctuated sharply in early 2026.
This strategy carries risks, as the government is spending ahead of confirmed income, leaving less flexibility if oil prices fall later in the year.

Is Russia's massive spending a winning bet on high oil prices or a fast track to economic collapse?

As Russia sells its gold reserves, what drastic economic measures might be next for the Kremlin?

With oil prices soaring, why do some top analysts predict a sharp drop for the rest of 2026?

How long can Russia's 350-tanker 'shadow fleet' outsmart Western sanctions before a major incident occurs?

Could Ukrainian drone strikes cripple Russia's economy more effectively than sanctions have?

Are new Asian buyers like the Philippines creating a permanent shift in global energy alliances?