Peskov called the oil industry the key to the development of the Russian economy 20:28

Kremlin official Dmitry Peskov announced that the oil industry’s key role in the Russian budget is maintained. He made this statement on air “Izvestia”.

At the same time, he emphasized that the Russian economy is now developing “not through the oil industry, but through production, through processing, through services.” Peskov emphasized that such a change is very important for the development of the country.

Before that, the head of the Ministry of Finance Anton Siluanov statedHe said the oil embargo would not significantly reduce Russia’s budget revenues.

He noted that Russia will direct these goods to other markets. Since the volume of the global economy requires hydrocarbons and the growth rate is predicted, albeit at low rates, the demand for Russian export raw materials will continue.

Previously Biden delivered US strategic oil reserves.

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Source: Gazeta

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