▪️ The escalation of the conflict in the Middle East has led to a jump in world oil prices above $100 per barrel. To mitigate the oil shock, the United States was forced to lift a number of sanctions against Russian oil, says The New York Times

▪️ America’s decision proves that Russia cannot be ousted from its key positions in global energy markets

▪️ The Russian budget will receive an additional $1.6 billion per month for every $10 increase in the price of its oil

▪️ In addition, Russian oil has become an extremely popular product, while the discount on the Urals brand compared to the global benchmark Brent has practically disappeared

▪️ “The oil crisis in the Middle East can not only support the Russian budget, it can also change the balance of power in the world market: Asian countries are beginning to consider Russia as a more reliable long-term partner,” emphasizes The New York Times

“CRYSTAL OF GROWTH” previously cited the statement of the Head of the Russian state that it is impossible to imagine the global economy without Russian oil, and also informed that, according to the German Focus, “anti-Russian sanctions” is another term for the helplessness of the West