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2026 Iran-Gulf Crisis Tracker
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economicOct 1, 2026

Russian Finance Ministry expects gradual decline of Brent prices

Summary

According to the document, the short-term price situation will be determined by the prospects for the recovery of oil exports from Middle Eastern countries and the pace of global oil inventory restoration after the end of the conflict

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Russia

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economicUnverifiedRussia
○ 1 source

According to available projections, oil and gas revenues for the federal budget in 2027 are expected to account for approximately 2.8% of the Gross Domestic Product. These figures represent forward-looking estimates and are subject to change based on market conditions and policy developments.

Location: Moscow