The war in the Middle East, initiated by the US and Israel against Iran, has significantly impacted the Russian budget due to rising oil prices, which may help Russia cope with its budget deficit and continue funding military actions in Ukraine.

The war in the Middle East, initiated by the US and Israel against Iran, has significantly impacted the Russian budget due to rising oil prices, which may help Russia cope with its budget deficit and continue funding military actions in Ukraine.

@meduzalive 24 Mar 2026, 11:34

Russian authorities postponed the revision of the budget rule due to rising oil prices amid the Middle East war, which is necessary to maintain revenues from raw material exports.

@meduzalive 24 Mar 2026, 08:24

Russia may gain significant windfall from the surge in oil prices due to the Middle East conflict, which could help partially cover the budget deficit, but this may not be enough to address the structural issues in the economy.

@meduzalive 24 Mar 2026, 05:09