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Russia's Energy Predicament: A Crisis in the Making
For centuries, Russia has aspired to establish itself as a formidable global power, showcasing its military strength, technological advancements, and extensive natural resources. Among these resources, oil and natural gas stand out as the lifeblood of the Russian economy, accounting for a significant portion of its federal budget. The country's wealth of energy resources has positioned it as a vital player on the international stage, yet this top-heavy reliance has created a precarious economic foundation that is now under severe threat.