Russia lacks money for war against Ukraine — what the Kremlin has planned
news.online.ua
Tue, 06 May 2025 19:05:01 +0300

The Kremlin has new problems with war spendingPutins team is currently discussing a scenario according to which, as early as 2026, oil companies will be obliged to transfer their surplus revenues to the National Welfare Fund.It is worth noting that this will happen if the price of a barrel of oil reaches 50 or higher, provided that the cost of black gold on the world market remains low.What is important to understand is that as of today, companies are required to share with the Fund if the price of oil exceeds 60 per barrel.Discussions on this topic in the Kremlin have only just begun.
Putins team is preparing for the fact that world oil prices will remain lower than expected.
As a result, if hostilities with Ukraine continue, the Russian Federation will likely have to cut government spending to finance the war.
By the way, according to US President Donald Trump, the decline in oil prices is increasing pressure on the aggressor country Russia, and also increases the likelihood of the war ending.
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