#Russia’s budget gap sharply widened despite a windfall in energy revenue driven by the tensions around the Strait of Hormuz, as the Kremlin continues to ramp up spending on its war in Ukraine. https://www.bloomberg.com/news/articles/2026-08-11/russia-budget-gap-spikes-despite-oil-windfall-driven-by-iran-war?utm_source=website&utm_medium=share&utm_campaign=twitter

#Russia’s budget gap sharply widened despite a windfall in energy revenue driven by the tensions around the Strait of Hormuz, as the Kremlin continues to ramp up spending on its war in Ukraine. https://www.bloomberg.com/news/articles/2026-08-11/russia-budget-gap-spikes-despite-oil-windfall-driven-by-iran-war?utm_source=website&utm_medium=share&utm_campaign=twitter

Source:https://x.com/staunovo/status/2087282754513723526