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Russia is in serious trouble from a ballooning budget deficit. Rising oil prices are unlikely to change the math. Source: Oneindia War in the Middle East is pushing oil prices up, to the delight of the Kremlin — but the rise may prove too short-lived and too modest to save the Russian government from otherwise imminent spending cuts this year. Just two months into 2026, the Kremlin’s budget is already shot to pieces. On March 3, Brent climbed to $83 a barrel , its highest sin