Russian Deputy Finance Minister says Russian ministry of finance is not considering adjusting the oil cut-off price for the current year

Context

The statement from the Russian Deputy Finance Minister signals stability in Russia's oil price policy for the year, which could mitigate fluctuations in global oil markets. This stance may lend support to oil prices and impact currencies linked to commodity prices, particularly the RUB and those of energy-dependent economies. Traders will want to monitor how this influences market sentiment around energy commodities and associated currencies as geopolitical tensions evolve.

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