The Russian Economy Ministry believes that the military operation in Iraq will not last long, and it will lead to a decrease in oil prices to the level of $20 per barrel, Deputy Economy Minister Arkady Dvorkovich told journalists today. So, the average price of Urals oil, according to the ministry's estimations, will be $25 per barrel, Dvorkovich said.
On the whole, the situation in Iraq will not result in any radical change in the Russian economy; "the Iraqi conflict influences the dynamics of the world economy and the economic growth dynamics in the USA and Europe, first of all", he noted.
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