Rising oil prices won’t resolve Russia’s economic woes, economist warns

Agathe Demarais argues in a Le Monde op-ed that Russia’s economic constraints limit the benefits of higher oil prices.

Published 16sem1 sourceNotableupdated 16sem

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The fact

The country faces budgetary pressures and declining oil production capacity.

A labor shortage is also exacerbating its economic difficulties.

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Auto-synthesis from 1 media source · identified on May 17, 2026