Risks for the economy
Russia’s central bank warns of falling oil prices
Russia’s central bank warns of falling oil prices
04/08/2025, 9:48 a.m.
The Russian central bank warns of the consequences of US customs policy for the domestic economy. If the oil price falls significantly as a result of the trade war, this risks for the Russian economy, quotes the official news agency TASS Central Bank boss Elwira Nabiullina.
The central bank is currently analyzing the effects, Nabiullina is still cited. Russia is not directly affected by Trump’s customs policy, but could still feel negative effects.