Trump's duties have collapsed prices for Russian oil: the budget of the Russian Federation risks losing a trillion rubles - FT

The publication states that the budget of the Russian Federation consists of income from oil and gas trade by about a third, and if during 2025 prices for Russian oil remain at the current level, it can be reduced by about 2. 5 %. Journalists point out that after Donald Trump's statement about the introduction of new USAs, the price of oil of the main export variety of the Russian Federation - the brand of Urals - has fallen to the lowest level in almost two years.

The budget calculations of the Russian Federation for 2025 were made on the basis of the price of Urals at the level of $ 69. 70 per barrel, and as of April 10, the Urals traded at about $ 50. The Kremlin has already used part of its national welfare fund to compensate for the costs of a full -scale invasion of Ukraine, and the reserves of this fund are declining, the authors of the article say. Russian officials express concern for falling oil prices.

"This indicator is very important to us in terms of budget revenues . . . The situation is extremely unstable, tense and emotionally saturated," - said the Kremlin Prescriber Dmitry Peskov to journalists, according to journalists, this indicates that Trump's trade war is indirectly harming the Russian economy. Oil prices continue to fall despite the pause on April 9 in duties for 90 days.

The chief economist of the Moscow company T-investments Sofia Donets, expressed that when prices for Russian oil remain at the present level, the budget of the Russian Federation will lose about a trillion dollars this year, which is equal to 2. 5%. At the same time, she said, GDP growth would slow down on 0. 5 percentage points.

At the same time, an expert from Russia at the German Institute for International Affairs and Security Issues, Janis Kluga, states that it will take several months that the fall of oil prices for oil has affected the Russian budget. On April 7, media reported the fall in oil production in Russia compared to the previous year and noted that new Trumps had inflicted even more than a blow on the Russian budget's income, as they had a price for the oil barrel at once by $ 10 less than a day.

Focus on April 8 found out whether the oil collapse was killing the Russian economy. Financial analyst, member of the Ukrainian Society of Financial Analysts Andriy Shevchyshyn noted that the budget of Russia laid the cost of oil Urals $ 70 per barrel. According to the expert, when the price falls below $ 60, the Kremlin is forced to compensate for the losses from the National Welfare Fund, where there is not much money left.