Double Shock: The Impact Of COVID-19 And Oil Price Collapse On Russia’s Energy Sector – Analysis

By Maria Shagina*

(FPRI) — A combination of a collapse in oil prices and the global pandemic has sent shockwaves through the oil industry. Compared to other oil-producing countries, Russia is better prepared to weather this oil price shock.

Since 2014, Russia’s economy has developed certain resilience, thanks to...