EconomyBank of Russia says oil prices in 2026–2027 may exceed July forecast
The Bank of Russia said global oil prices in 2026–2027 may follow a higher path than projected in July. Because the Middle East situation did not normalize on the assumed timeline, officials considered allowing for a later recovery of navigation through the Strait of Hormuz and higher Russian oil prices in the updated baseline scenario.
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TASS★★★☆☆2026-11-05 15:07Original
Bank of Russia says oil prices in 2026–2027 may exceed July forecast