Russia Finance Minister Siluanov says reducing the cutoff price to USD 50/bbl will ensure budget stability, says this is the baseline option

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Russia Finance Minister Siluanov says reducing the cutoff price to USD 50/bbl will ensure budget stability, says this is the baseline option

Reports of an oil tanker being targeted in the Strait of Hormuz, reports Al Hadath citing Iranian Media

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  • Reducing the price in the budget rule to USD 50/bbl is the basic option, others are not considered.

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