Russia Braces for Oil Price Collapse as Saudi Arabia Plans to Increase Output

In this report, we analyze how Russia is preparing for a potential drop in oil prices as Saudi Arabia prepares to increase production. With oil exports being a cornerstone of Russia's war budget, any price fall could destabilize their economic plans for 2025. Analysts predict oil prices may fall below Russia's forecasted $70 per barrel, with global market trends signaling a challenging future for Moscow.
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