Russia Starts to Panic - Joe Blogs

[TexasTowelie]

Russia has reinstated its fuel subsidy scheme — known as the “damper payment” — just weeks after planning to cut it.

The Kremlin says it’s to stabilise prices, but the move exposes growing cracks in Russia’s energy system.
Falling revenues, refinery damage from drone attacks, and the impact of sanctions have left Moscow scrambling to protect domestic fuel supplies.

In this video, we explain how the scheme works, why it’s been restored, and what this means for Russia’s economy and the global oil market.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
1:03 DAMPER PAYMENTS
2:19 FUEL PRICES
5:19 SPENDING
7:25 BUDGET
8:56 REVENUE
10:37 SUMMARY & CONCLUSION