Russia said to base revised 2020 budget on $20 oil
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Russia hunkers down
According to Bloomberg, Russia is planning for $20 oil.
Their budget plan includes a 3-4 trillion ruble shortfall.
Obviously Russia is going to take a huge hit in the oil war but some wars are won by those who can inflict the most pain, others are won by those who can absorb the most pain.
According to Bloomberg, Russia is planning for $20 oil.
Their budget plan includes a 3-4 trillion ruble shortfall.
Obviously Russia is going to take a huge hit in the oil war but some wars are won by those who can inflict the most pain, others are won by those who can absorb the most pain.