Russia’s budget implodes

RUSSIA’S OIL MONEY IS HAVING A BAD YEAR

Russia just realized it won’t make as much oil cash in 2025—and yeah, they’re not thrilled.

They thought they’d be selling oil at $82 a barrel. The reality? More like $68.

Their budget was based on fantasy prices, and the real numbers are crashing faster than a store’s website on Black Friday.

Oil pays for a third of Russia’s spending… so someone’s about to tighten their fur-lined belt.

Source: yahoo! finance