The fall in oil prices due to Trump's trade war is exhausting Putin's military treasury. At current prices, Russia could lose ~1 trillion rubles this year, which will lower GDP growth by 0.5%.

Economists and experts for the Financial Times note: the impact of low prices on the budget will manifest in a few months.

#OilPriceCrash #TradeWar #RussiaEconomy #MiningUpdates

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