# Bank of Russia says oil prices in 2026–2027 may exceed July forecast

https://mins.news/en/item/130899

- TASS, 2026-11-05 15:07 UTC
- Economy
- Original: https://tass.com/economy/2213389

> 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.