Published by Global Banking & Finance Review®
Posted on April 8, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleA sharp fall in oil prices, influenced by U.S. tariffs, poses a risk to Russia's economy, according to central bank chief Elvira Nabiullina.
MOSCOW (Reuters) - A sharp drop in global oil prices triggered by U.S. President Donald Trump's tariffs poses a risk to the Russian economy, the state TASS news agency cited Elvira Nabiullina, the governor of Russia's central bank, as saying on Tuesday.
She was quoted as saying that the central bank was analysing the fallout, but saying that a technical budget rule would smooth out the consequences for the budget.
(Reporting by Reuters; Editing by Andrew Osborn)
The main topic is the risk to the Russian economy due to a fall in global oil prices.
U.S. tariffs have triggered a decline in global oil prices, impacting Russia.
Elvira Nabiullina, the governor of Russia's central bank, commented on the risk.
Explore more articles in the Headlines category
