Alexander Stubb

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Could Trump's Iran war save Russia's economy? Report says math doesn't add up

High oil prices driven by the U.S. operation against Iran are not sufficient to save the Russian economy, according to estimates from the Free Russia Foundation shared with the Kyiv Independent. The U.S. operation disrupted traditional supply routes and triggered a sharp rise in global oil prices, prompting Washington to issue sanctions waivers on Russian oil in an effort to stabilize the market. U.S. Secretary of State Marco Rubio acknowledged on May 13 that higher oil prices had effectively

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