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flag Putin urges responsible use of oil windfall from high prices to boost Russia's economy and defense.

flag Russian President Vladimir Putin has called for balanced management of soaring energy revenues driven by global oil prices exceeding $100 per barrel, fueled by Middle East tensions and U.S.-backed military actions. flag The surge, linked to renewed demand and supply disruptions, has boosted Russia’s federal budget and eased financial strain from sanctions and war costs. flag Putin emphasized long-term fiscal stability during a government meeting, urging responsible spending to sustain economic resilience. flag While no new policies were announced, the remarks signal a strategic focus on reinvesting windfall gains into state institutions and defense, strengthening Russia’s economic footing amid ongoing Western pressure.

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