How Trump’s Tariffs Punched a $20 Billion Hole in Russian Oil Exports!

Russia is entering a period of mounting financial instability, as collapsing global oil prices threaten to upend the economic engine that fuels both its government and its war machine. Triggered by escalating trade tensions and surging production from rival exporters, the global energy market is tipping against the Kremlin. With oil and gas revenues making up a critical share of the federal budget, even modest price drops have outsized effects—let alone the steep decline now underway. As wartime expenses soar and energy income plummets, the Russian state faces a growing budget crisis that could not only sabotage Vladimir Putin’s military ambitions, but also destabilize the very foundation of his regime.