Brent

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Brent refers to a benchmark crude oil futures contract traded on the ICE Futures exchange, serving as a key global reference for oil pricing. Market movements in Brent futures are influenced by geopolitical tensions—particularly involving Iran and the Middle East—as well as supply dynamics related to the Strait of Hormuz and changes in U.S. inventory data. Price fluctuations have impacted Russian financial markets, affecting investor sentiment and influencing domestic economic indicators such as inflation and central bank policy outlook.

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