The double shock of oil and coronavirus is hitting the producing countries hard, while many of them have not recovered from the previous 2014-2015 . Their resistance potential varies according to their dependence on black gold and their financial health, their ability to depreciate or not their currency, very different from one State to another. Another key factor is the political and social climate. It conditions the ability of governments to apply inevitably unpopular adjustment measures.
The minimum price per barrel to balance public budgets is a key indicator, economists point out. It far exceeds 30 dollars in most countries. To balance its accounts, Algeria needs a barrel of $ 100, Iran, penalized by the American embargo, of a barrel of $ 200.
Russia, the country most able to resist the collapse of prices, despite its heavy dependence on crude oil, can live on a barrel of 40 dollars . “Since 2014, adjustments have made it possible to
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