Such scenario may be catastrophic for Belarus.
Oil prices can plunge to $50 for a barrel, says Credit Suisse as reported by The Telegraph.
The analysts say that the worst scenario may occur in the case of Eurozone instability.
Comparing the current situation to the situation in 2008, Credit Suisse analysts notice bigger unpredictability of the world markets. Credit Suisse considers all possible negative scenarios may begin from possible Eurozone collapse that is possible to occur this summer.
However, such scenario may severely damage Belarusian economy.
Belarus is extremely dependent form Russia which, in its turn, receives most of the profit from oil exports.
If oil crisis strikes Russia, it is very probable that subsidizing Belarus will be extremely decreased what may give all Belarusian economy a deadly blow.
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