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Putin urges responsible use of oil windfall from high prices to boost Russia's economy and defense.
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.
The surge, linked to renewed demand and supply disruptions, has boosted Russia’s federal budget and eased financial strain from sanctions and war costs.
Putin emphasized long-term fiscal stability during a government meeting, urging responsible spending to sustain economic resilience.
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.
Putin insta a un uso responsable de las ganancias inesperadas del petróleo por los altos precios para impulsar la economía y la defensa de Rusia.