Russia’s Oil Revenue Falls by Fifth on Weak Crude Prices, Strong Ruble
NegativeFinancial Markets

In September, Russia's oil revenue fell by 20% compared to the previous year, primarily due to declining global crude prices and a stronger ruble. This significant drop is concerning as it impacts the country's budget and economic stability, highlighting the challenges Russia faces in maintaining its oil-dependent economy amidst fluctuating market conditions.
— Curated by the World Pulse Now AI Editorial System