News Snapshot:
[1/3] Russian President Vladimir Putin listens to Finance Minister Anton Siluanov during a meeting of the Supreme Eurasian Economic Council in Saint Petersburg, Russia December 20, 2019. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Summary Summary Companies Oil price needed to balance budget has jumped - analysts G7 has imposed $60 price cap on Russian oil exports Budget strained by higher military, security spending Elections make spending cuts more difficult This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Jan 13 (Reuters) - Russia is becoming too dependent on oil revenues to support...
