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The Iran war puts Vladimir Putin in a tough spot

AI Briefing

  • Iran's war with the US and its allies increases pressure on Putin to maintain oil prices above $100 per barrel.
  • Russia's economy is heavily reliant on oil exports, with over 70% of its GDP tied to the commodity.
  • Maintaining high oil prices would be a costly concession to the West, undermining Putin's reputation as a strong leader.
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